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
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –