Buy LUNC/USDT – 1H – BUY

The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards

A descent down to the next support line at 0.000058060 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000066050 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000067550
2nd High 0.000066430
Next High 0.000066050
Current Price 0.000064900
Next Low 0.000058060
2nd Low 0.000057960
3rd Low 0.000056420

Download LUNC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals