The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 0.000063590 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at could happen.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069150 |
| 2nd High | 0.000063740 |
| Next High | 0.000063590 |
| Current Price | 0.000063000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000063590 – 0.000063740 – 0.000069150 – 0.000058760 – 0.000060720 – 0.000067360 — 54.240733786056 – 55.471769615758
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Inverse Head and Shoulder chart pattern –