LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline up.
The bullish trend upwards to the next resistance level at 0.000058000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000050590 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 5.4705E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000058000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000059750 |
| 2nd High | 0.000058820 |
| Next High | 0.000058000 |
| Current Price | 0.000053730 |
| Next Low | 0.000050590 |
| 2nd Low | |
| 3rd Low |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji