Buy LUNC/USDT – 1H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards

A bullish movement up to the next resistance line at 0.000065040 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.000062800 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘RSI cross above 30’ indicator layout is discovered. The indicator shows ‘RSI cross above 30’. which could be a positive chart scenario. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000072460
2nd High 0.000069280
Next High 0.000065040
Current Price 0.000061830
Next Low 0.000062800
2nd Low 0.000062660
3rd Low 0.000060570

0.000065040 – 0.000064050 – 0.000063850 – 0.000062800 – 0.000062660 – 0.000060570 — 51.109001815016 – 51.337396409898

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