The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline upwards
An ascending movement up to the next resistance line at 0.000062850 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000058100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064560 |
| 2nd High | 0.000063920 |
| Next High | 0.000062850 |
| Current Price | 0.000058940 |
| Next Low | 0.000058100 |
| 2nd Low | 0.000057710 |
| 3rd Low | 0.000055560 |
0.000062850 – 0.000062530 – 0.000062670 – 0.000060120 – 0.000061370 – 0.000061710
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji