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: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern