The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 0.000060060 is considered certain.
Caution: A possible change in the direction of the support zone at 0.000057760 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000061050 |
| Next High | 0.000060060 |
| Current Price | 0.000059660 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000056800 |
| 3rd Low | 0.000056400 |
0.000060060 – 0.000059970 – 0.000061050 – 0.000057760 – 0.000056800 – 0.000057270 — 58.427299359241 – 59.181122714885
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –