The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline up.
A bullish trend up to the next resistance line at 0.000065040 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.000055050 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘RSI cross above 30’ indicator signal is found. The indicator shows ‘RSI cross above 30’. which could be a positive signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘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 probability 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 | 0.000065040 |
| Current Price | 0.000058670 |
| Next Low | 0.000055050 |
| 2nd Low | 0.000054120 |
| 3rd Low | 0.000049730 |
0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 33.862768308063 – 39.901601571723
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple top chart pattern –