The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 5.0E-5 will persist.
Caution: A possible change in the direction of the support level at 4.0E-5 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.0E-5 |
| 2nd High | 6.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000044710 |
| Next Low | 4.0E-5 |
| 2nd Low | 3.0E-5 |
| 3rd Low | 2.0E-5 |
5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 — 58.978183542343 – 59.27078717295 — 44.013255658995 – 29.97213521939 – 65.752374462738 – 46.242094654558
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –