The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline downwards
A bearish descent down to the next support level at 0.000059060 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000060140 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Southern Doji’ candle chart pattern is detected. The candles show ‘Southern 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 success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062500 |
| 2nd High | 0.000061050 |
| Next High | 0.000060140 |
| Current Price | 0.000060320 |
| Next Low | 0.000059060 |
| 2nd Low | 0.000058600 |
| 3rd Low | 0.000058500 |
0.000060140 – 0.000059900 – 0.000059830 – 0.000059060 – 0.000058600 – 0.000058900 — 54.710246184691 – 53.258986678208
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Southern Doji – – –