LUNC/USDT – 30M – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance at 0.000063350 will persist.

Caution: A possible trend reversal in the direction of the support zone at 0.000060700 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 6.301E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.000063350 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000063350 – 0.000065320 – 0.000064200 – 0.000060700 – 0.000062390 – 0.000061840

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –