The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline down.
A bearish movement down to the next support line at 0.000062470 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000067690 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
Also there is a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069620 |
| 2nd High | 0.000067870 |
| Next High | 0.000067690 |
| Current Price | 0.000066770 |
| Next Low | 0.000062470 |
| 2nd Low | 0.000062370 |
| 3rd Low | 0.000060800 |
0.000067690 – 0.000065400 – 0.000063590 – 0.000062470 – 0.000063550 – 0.000062490
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –