LUNC/USDT – 4H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.

A bullish ascent up to the next resistance line at 0.000060060 will continue.

Caution: A possible trend reversal in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 6.194916E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000060060 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000060060 – 0.000059970 – 0.000061050 – 0.000057760 – 0.000056800 – 0.000057270 — 59.443308935727 – 59.771324392643

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –