LUNC/USDT – 4H – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.000061860 is likely expected.
Caution: A possible change in the direction of the support zone at 0.000056160 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading 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 | 0.000057320 |
| Next Low | 0.000056160 |
| 2nd Low | 0.000055450 |
| 3rd Low | 0.000051200 |
0.000061860 – 0.000064290 – 0.000062850 – 0.000056160 – 0.000055450 – 0.000058100
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji