LUNC/USDT – 30M – BUYIn addition a ‘Triple bottom chart pattern’ chart layout is existing. The chart forms ‘Triple bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.000065320 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.000062490 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Northern Doji’ chart pattern is found. The candles form ‘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’ 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 | 0.000064910 |
| Next Low | 0.000062490 |
| 2nd Low | 0.000062370 |
| 3rd Low | 0.000060800 |
0.000063590 – 0.000063870 – 0.000063350 – 0.000062490 – 0.000062370 – 0.000060800
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern