The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 0.000062780 will continue.
Caution: A possible reversal of the trend in the direction of support at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
Moreover a ‘RSI fall below 70’ indicator layout is discovered. The indicator shows ‘RSI fall below 70’. which is often a bullish signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063740 |
| 2nd High | 0.000063590 |
| Next High | 0.000062780 |
| Current Price | 0.000063160 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000062780 – 0.000063590 – 0.000063740 – 0.000060780 – 0.000060570 – 0.000058760 — 67.948652732477 – 66.83863156262
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom retreat down –