The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000058100 is certain.
Caution: A possible change in the direction of resistance at 0.000062850 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 0.000058390 |
| Next Low | 0.000058100 |
| 2nd Low | 0.000057710 |
| 3rd Low | 0.000055560 |
0.000062850 – 0.000062530 – 0.000062670 – 0.000060120 – 0.000061370 – 0.000061710
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji