LUNC/USDT – 4H – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance at 0.000061860 will persist.

Caution: A possible counter-trend in the direction of support at 0.000056160 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 5.987E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000061860 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000061860 – 0.000064290 – 0.000062850 – 0.000056160 – 0.000055450 – 0.000058100

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji