The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.000058860 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.000058000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000059590 |
| 2nd High | 0.000058950 |
| Next High | 0.000058860 |
| Current Price | 0.000058570 |
| Next Low | 0.000058000 |
| 2nd Low | 0.000057270 |
| 3rd Low | 0.000056400 |
0.000058860 – 0.000058950 – 0.000059590 – 0.000058000 – 0.000057270 – 0.000059640 — 50.889422960722 – 52.77587762313
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –