The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance at 0.000058870 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000058050 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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 | 0.000059970 |
| 2nd High | 0.000059600 |
| Next High | 0.000058870 |
| Current Price | 0.000058500 |
| Next Low | 0.000058050 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000058870 – 0.000059600 – 0.000059370 – 0.000058050 – 0.000058280 – 0.000057260 — 56.047944791492 – 56.583931084394
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern – –