LUNC/USDT – 1H – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.000064290 is likely expected.
Caution: A possible change in the direction of support at 0.000058240 could happen.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000064560 |
| Next High | 0.000064290 |
| Current Price | 0.000061320 |
| Next Low | 0.000058240 |
| 2nd Low | 0.000055450 |
| 3rd Low | 0.000051200 |
0.000064290 – 0.000062850 – 0.000062670 – 0.000058240 – 0.000055450 – 0.000058100
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji