Buy LUNC/USDT – 1H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 0.000061390 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 0.000061390
Current Price 0.000060520
Next Low
2nd Low
3rd Low

0.000061390 – 0.000061000 – 0.000061280 – 0.000059580 – 0.000059900 – 0.000059060 — 47.355327140359 – 48.772428171209

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