LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.000057180 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000055050 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 5.69E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000057180 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000058750 |
| 2nd High | 0.000058260 |
| Next High | 0.000057180 |
| Current Price | 0.000056260 |
| Next Low | 0.000055050 |
| 2nd Low | 0.000054880 |
| 3rd Low | 0.000054410 |
0.000057180 – 0.000058260 – 0.000058750 – 0.000055050 – 0.000055700 – 0.000057200
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up