The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline down.
A bearish trend down to the next support level at 0.000060410 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000062780 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Southern Doji’ candle chart pattern is discovered. The chart forms ‘Southern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064560 |
| 2nd High | 0.000063920 |
| Next High | 0.000062780 |
| Current Price | 0.000062000 |
| Next Low | 0.000060410 |
| 2nd Low | 0.000059920 |
| 3rd Low | 0.000058100 |
0.000062780 – 0.000061840 – 0.000059780 – 0.000060410 – 0.000059920 – 0.000058100
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Southern Doji