LUNC/USDT – 4H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.000067870 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.000060700 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually 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 will continue. Target of the current trend is 6.568E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000067870 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. 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 – Triple bottom chart pattern