The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.000061860 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.000056950 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
And also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000064560 |
2nd High | 0.000064290 |
Next High | 0.000061860 |
Current Price | 0.000057490 |
Next Low | 0.000056950 |
2nd Low | 0.000055450 |
3rd Low | 0.000051200 |
0.000061860 – 0.000061770 – 0.000064290 – 0.000056950 – 0.000058960 – 0.000058240
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji