Buy LUNC/USDT – 1H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.

A bullish movement upwards to the next resistance level at 0.000065400 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.000060800 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Then a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 0.000065400
Current Price 0.000065860
Next Low 0.000060800
2nd Low 0.000060700
3rd Low 0.000055570

0.000065400 – 0.000063870 – 0.000065320 – 0.000060800 – 0.000060700 – 0.000060770

Trading Signals:

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