LUNC/USDT – 30M – BUYNext a ‘Falling Wedge Chart Pattern’ chart formation is found. The chart shows ‘Falling Wedge Chart Pattern’. which is a positive pattern signal. The pair is likely to go up.
The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 0.000061770 is considered certain.
Caution: A possible change in the direction of the support zone at 0.000060660 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.000064290 |
| 2nd High | 0.000062580 |
| Next High | 0.000061770 |
| Current Price | 0.000061740 |
| Next Low | 0.000060660 |
| 2nd Low | 0.000058960 |
| 3rd Low | 0.000058240 |
0.000061770 – 0.000060990 – 0.000060040 – 0.000060660 – 0.000058960 – 0.000059170
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji