The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.000060790 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.000059060 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 6.079E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000060790 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062500 |
| 2nd High | 0.000061050 |
| Next High | 0.000060790 |
| Current Price | 0.000060410 |
| Next Low | 0.000059060 |
| 2nd Low | 0.000058600 |
| 3rd Low | 0.000058500 |
0.000060790 – 0.000060140 – 0.000059900 – 0.000059060 – 0.000058600 – 0.000058900 — 53.715666547039 – 56.047893168514
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –