LUNC/USDT – 1H – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.000114630 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000124540 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Southern Doji’ candlestick chart pattern is discovered. The chart shows ‘Southern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000137400 |
| 2nd High | 0.000135310 |
| Next High | 0.000124540 |
| Current Price | 0.000119040 |
| Next Low | 0.000114630 |
| 2nd Low | 0.000112720 |
| 3rd Low | 0.000105700 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Southern Doji