The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.000065040 is expected.
Caution: A possible counter-trend in the direction of support at 0.000060630 should be noted.
Consider stop-loss settings accordingly.
Next a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The pair is likely to go down.
Next a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069280 |
| 2nd High | 0.000069150 |
| Next High | 0.000065040 |
| Current Price | 0.000063170 |
| Next Low | 0.000060630 |
| 2nd Low | 0.000059510 |
| 3rd Low | 0.000058390 |
0.000062540 – 0.000061850 – 0.000060750 – 0.000060630 – 0.000060770 – 0.000059510 — 64.725281925013 – 66.422818226793
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –