The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards
A descent down to the next support level at 0.000059060 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000060140 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 | 0.000060140 |
| Current Price | 0.000060370 |
| Next Low | 0.000059060 |
| 2nd Low | 0.000058600 |
| 3rd Low | 0.000058500 |
0.000060140 – 0.000059900 – 0.000059830 – 0.000059060 – 0.000058600 – 0.000058900 — 58.717616236109 – 56.88396708607
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –