LUNC/USDT – 30M – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards

An ascent up to the next resistance line at 0.000059800 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.000058780 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 5.98E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000059800 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000059800 – 0.000058950 – 0.000058690 – 0.000058780 – 0.000056400 – 0.000058080 — 51.657231616035 – 52.745710867725

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