The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 0.000062060 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000060740 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062580 |
| Next High | 0.000062060 |
| Current Price | 0.000061920 |
| Next Low | 0.000060740 |
| 2nd Low | 0.000060720 |
| 3rd Low | 0.000058870 |
0.000061830 – 0.000060980 – 0.000059700 – 0.000060740 – 0.000060720 – 0.000058870 — 56.560631715742 – 57.299184127579
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –