LUNC/USDT – 4H – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 0.000067870 is considered certain.

Caution: A possible change in the direction of the support zone at 0.000060700 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 6.568E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.000067870 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000065320 – 0.000065680 – 0.000058750 – 0.000060700 – 0.000055050 – 0.000055440

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –