The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
The bearish trend down to the next support level at 0.000054410 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.000055770 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
And also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000056590 |
2nd High | 0.000055990 |
Next High | 0.000055770 |
Current Price | 0.000055100 |
Next Low | 0.000054410 |
2nd Low | 0.000054120 |
3rd Low | 0.000051880 |
0.000055770 – 0.000055990 – 0.000055610 – 0.000054410 – 0.000054570 – 0.000054120
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –