The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance line at 0.000059700 is expected.
Caution: A possible change in the direction of the support zone at 0.000058290 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000060690 |
| 2nd High | 0.000060650 |
| Next High | 0.000059700 |
| Current Price | 0.000059570 |
| Next Low | 0.000058290 |
| 2nd Low | 0.000057760 |
| 3rd Low | 0.000057260 |
0.000059700 – 0.000060650 – 0.000060690 – 0.000058290 – 0.000057760 – 0.000059700 — 56.51973658455 – 63.872615535382
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom retreat down – –