The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 0.000063920 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.000060410 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000064560 |
| Next High | 0.000063920 |
| Current Price | 0.000062010 |
| Next Low | 0.000060410 |
| 2nd Low | 0.000059920 |
| 3rd Low | 0.000058100 |
0.000061840 – 0.000059780 – 0.000059850 – 0.000060410 – 0.000059920 – 0.000058100
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji