LUNC/USDT – 4H – BUYThere is also a ‘Falling Wedge Chart Pattern’ chart formation is detected. The chart forms ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The pair is likely to go up.
The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.000064290 is likely expected.
Caution: A possible trend reversal in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a positive 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 | 0.000067870 |
| 2nd High | 0.000064560 |
| Next High | 0.000064290 |
| Current Price | 0.000061480 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000064290 – 0.000062850 – 0.000060150 – 0.000055450 – 0.000058100 – 0.000055560
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji