Buy LUNC/USDT – 4H – BUY

The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline up.

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

Caution: A possible trend reversal in the direction of the support line at 0.000055050 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI fall below 70’ indicator layout is detected. The indicator shows ‘RSI fall below 70’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘StochRSI cross above 20’ indicator layout is detected. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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

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