The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline upwards
An ascent up to the next resistance at 0.000062850 will continue.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000064560 |
2nd High | 0.000063920 |
Next High | 0.000062850 |
Current Price | 0.000061050 |
Next Low | |
2nd Low | |
3rd Low |
0.000062850 – 0.000062530 – 0.000062670 – 0.000061370 – 0.000061710 – 0.000060410
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji