The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 0.000060980 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.000058870 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.000062060 |
| 2nd High | 0.000061500 |
| Next High | 0.000060980 |
| Current Price | 0.000061480 |
| Next Low | 0.000058870 |
| 2nd Low | 0.000058290 |
| 3rd Low | 0.000057760 |
0.000060980 – 0.000059700 – 0.000060650 – 0.000058870 – 0.000058880 – 0.000058290 — 61.867470264414 – 69.316880117609
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –