Buy LUNC/USDT – 30M – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance at 0.000060790 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.000059060 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 6.079E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000060790 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000062500
2nd High 0.000061050
Next High 0.000060790
Current Price 0.000060410
Next Low 0.000059060
2nd Low 0.000058600
3rd Low 0.000058500

0.000060790 – 0.000060140 – 0.000059900 – 0.000059060 – 0.000058600 – 0.000058900 — 53.715666547039 – 56.047893168514

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