The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 0.000060650 is expected.
Caution: A possible trend reversal in the direction of the support line at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061500 |
| 2nd High | 0.000060690 |
| Next High | 0.000060650 |
| Current Price | 0.000059130 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000060650 – 0.000060690 – 0.000061500 – 0.000057760 – 0.000059700 – 0.000059760 — 61.557875794711 – 62.170870101073
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –