LUNC/USDT – 30M – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline down.
A bearish trend down to the next support level at 0.000058200 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000062850 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency 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 | 0.000057950 |
| 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