LUNC/USDT – 30M – BUY

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

A bullish ascent up to the next resistance at 0.000061290 will persist.

Caution: A possible change in the direction of the support zone at 0.000059510 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 6.075E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.000061290 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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).

0.000060750 – 0.000059240 – 0.000059380 – 0.000059510 – 0.000058390 – 0.000057350 — 70.42603091825 – 73.087607152733

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –