LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 0.000055760 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000054520 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 5.5169E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000055760 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 0.000057270 |
| 2nd High | 0.000056590 |
| Next High | 0.000055760 |
| Current Price | 0.000054990 |
| Next Low | 0.000054520 |
| 2nd Low | 0.000051880 |
| 3rd Low | 0.000049730 |
0.000055760 – 0.000056590 – 0.000056520 – 0.000054520 – 0.000055270 – 0.000055060
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up