LUNC/USDT – 4H – BUY

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

A continuation of the upward movement up to the next resistance at 0.000067870 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 0.000060700 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. 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. Current target is 6.568E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000067870 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish 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).

0.000065320 – 0.000065680 – 0.000058750 – 0.000060700 – 0.000055050 – 0.000055440

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up