The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 0.000065400 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000062470 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.000067460 |
| Next Low | 0.000062470 |
| 2nd Low | 0.000062370 |
| 3rd Low | 0.000060800 |
0.000065400 – 0.000063590 – 0.000063870 – 0.000062470 – 0.000063550 – 0.000062490
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern