LUNC/USDT – 1H – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.000057730 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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 –