Buy LUNC/USDT – 30M – BUY

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

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