The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.000065320 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000060700 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000065320 |
| Current Price | 0.000062260 |
| Next Low | 0.000060700 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000065320 – 0.000064200 – 0.000064110 – 0.000060700 – 0.000060770 – 0.000061800
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –