The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.000055510 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.000057730 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
Besides a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000058530 |
| 2nd High | 0.000058450 |
| Next High | 0.000057730 |
| Current Price | 0.000055910 |
| Next Low | 0.000055510 |
| 2nd Low | 0.000055450 |
| 3rd Low | 0.000054880 |
0.000057730 – 0.000056170 – 0.000056090 – 0.000055510 – 0.000055450 – 0.000054880
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern