LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.000058450 is certain.
Caution: A possible change in the direction of support at 0.000051200 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000060540 |
| 2nd High | 0.000058530 |
| Next High | 0.000058450 |
| Current Price | 0.000052410 |
| Next Low | 0.000051200 |
| 2nd Low | 0.000050590 |
| 3rd Low |
0.000058450 – 0.000058340 – 0.000057560 – 0.000053000 – 0.000055150 – 0.000056840
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji