LUNC/USDT – 1H – SELLThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.000057730 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Additionally a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061860 |
| 2nd High | 0.000058450 |
| Next High | 0.000057730 |
| Current Price | 0.000055730 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000057730 – 0.000056170 – 0.000056090 – 0.000055440 – 0.000055450 – 0.000054880
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –