LUNC/USDT – 4H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline up.

A bullish trend upwards to the next resistance at 0.000058450 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.000055450 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

There is also a ‘Northern Doji’ candle pattern is detected. The candles form ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000058450 – 0.000061860 – 0.000064290 – 0.000056160 – 0.000055450 – 0.000058100

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