LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.000061370 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000062530 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
Also there is a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062780 |
| 2nd High | 0.000062670 |
| Next High | 0.000062530 |
| Current Price | 0.000061840 |
| Next Low | 0.000061370 |
| 2nd Low | 0.000060410 |
| 3rd Low | 0.000059920 |
0.000062530 – 0.000062670 – 0.000062780 – 0.000061370 – 0.000061710 – 0.000060410
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji