The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
The bearish trend down to the next support level at 0.000059930 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000061390 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. 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 | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000061390 |
| Current Price | 0.000061280 |
| Next Low | 0.000059930 |
| 2nd Low | 0.000059580 |
| 3rd Low | 0.000059060 |
0.000061390 – 0.000061000 – 0.000061000 – 0.000059930 – 0.000059580 – 0.000060270 — 65.642242311993 – 60.850236927628
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom retreat down – –