The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance at 0.000069280 is expected.
Caution: A possible change in the direction of the support line at could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072990 |
| 2nd High | 0.000072460 |
| Next High | 0.000069280 |
| Current Price | 0.000069080 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000069280 – 0.000068950 – 0.000072460 – 0.000067360 – 0.000066850 – 0.000069210
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –