The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 0.000061390 is considered certain.
Caution: A possible reversal of the trend in the direction of support at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 6.096284E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000061390 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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 | 0.000060780 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000061390 – 0.000061000 – 0.000061000 – 0.000059930 – 0.000059580 – 0.000060270 — 56.255067345294 – 56.687217954771
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –