The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline downwards
The bearish trend down to the next support at 0.000057760 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.000060980 could happen.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062580 |
| Next High | 0.000060980 |
| Current Price | 0.000059330 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000060980 – 0.000062580 – 0.000061390 – 0.000057760 – 0.000059760 – 0.000060610 — 44.581297226759 – 42.093939239933
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –