The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A descending movement downwards to the next support line at 0.000057760 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.000059600 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000059970 |
| Next High | 0.000059600 |
| Current Price | 0.000059670 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000058870 – 0.000059600 – 0.000059370 – 0.000057760 – 0.000058050 – 0.000058280 — 72.851078582851 – 65.978143596256
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom retreat down – –