LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline upwards
A bullish ascent upwards to the next resistance line at 0.000062850 is expected.
Caution: A possible change in the direction of the support line at 0.000058200 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.000059030 |
| Next Low | 0.000058200 |
| 2nd Low | 0.000058100 |
| 3rd Low | 0.000057710 |
0.000062850 – 0.000062530 – 0.000062670 – 0.000058200 – 0.000060120 – 0.000061370
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji