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 up to the next resistance level at 0.000061280 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.000059900 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 6.128E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000061280 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The 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 0.000063420
2nd High 0.000062500
Next High 0.000061280
Current Price 0.000060950
Next Low 0.000059900
2nd Low 0.000059060
3rd Low 0.000058600

0.000061280 – 0.000060140 – 0.000059900 – 0.000059900 – 0.000059060 – 0.000058600 — 58.13082159941 – 61.272245075575

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