LUNC/USDT – 1H – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline down.

The bearish trend downwards to the next support level at 0.000058060 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.000066050 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Download LUNC/USDT Signal Image

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji