The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.000061000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.000060270 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062500 |
| 2nd High | 0.000061280 |
| Next High | 0.000061000 |
| Current Price | 0.000060630 |
| Next Low | 0.000060270 |
| 2nd Low | 0.000059900 |
| 3rd Low | 0.000059060 |
0.000061000 – 0.000061280 – 0.000060140 – 0.000060270 – 0.000059900 – 0.000059060 — 46.883687321519 – 49.840625837844
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –