The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.000061830 is certain.
Caution: A possible change in the direction of the support level at 0.000058870 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 6.183E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.000061830 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062580 |
| 2nd High | 0.000062060 |
| Next High | 0.000061830 |
| Current Price | 0.000061430 |
| Next Low | 0.000058870 |
| 2nd Low | 0.000058290 |
| 3rd Low | 0.000057760 |
0.000061830 – 0.000060980 – 0.000059700 – 0.000058870 – 0.000058880 – 0.000058290 — 60.538040856668 – 63.825564129449
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –