Buy LUNC/USDT – 1H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance at 0.000060060 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.000059060 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000062500
2nd High 0.000061050
Next High 0.000060060
Current Price 0.000059980
Next Low 0.000059060
2nd Low 0.000058600
3rd Low 0.000057760

0.000059900 – 0.000059720 – 0.000060060 – 0.000059060 – 0.000058600 – 0.000057760 — 60.769212147767 – 61.491355074242

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