Buy LUNC/USDT – 1H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.

An ascent upwards to the next resistance at 0.000062070 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.000059020 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘RSI cross above 30’ indicator signal is discovered. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000069280
2nd High 0.000065040
Next High 0.000062070
Current Price 0.000059800
Next Low 0.000059020
2nd Low 0.000058760
3rd Low 0.000055570

0.000062070 – 0.000065040 – 0.000064050 – 0.000059020 – 0.000059610 – 0.000062800 — 45.127173532698 – 48.138383390113

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