The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.000059240 is expected.
Caution: A possible trend reversal in the direction of support at is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.
Additionally a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 5.938E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000059240 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. 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 | 0.000059680 |
| 2nd High | 0.000059380 |
| Next High | 0.000059240 |
| Current Price | 0.000058990 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000059240 – 0.000059380 – 0.000058220 – 0.000057350 – 0.000056610 – 0.000056900 — 56.295748297908 – 57.488226727104
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –