The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.000060580 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000063630 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000064920 |
2nd High | 0.000064540 |
Next High | 0.000063630 |
Current Price | 0.000062000 |
Next Low | 0.000060580 |
2nd Low | 0.000059730 |
3rd Low | 0.000059660 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji