The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.000062500 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.000059930 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 6.08E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000062500 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062500 |
| Current Price | 0.000060820 |
| Next Low | 0.000059930 |
| 2nd Low | 0.000058910 |
| 3rd Low | 0.000058810 |
0.000060800 – 0.000059930 – 0.000059820 – 0.000059930 – 0.000058910 – 0.000058810 — 70.474093030973 – 71.805222764539
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –