LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 0.000064110 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.000060770 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000064110 |
| Current Price | 0.000062670 |
| Next Low | 0.000060770 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000064110 – 0.000065680 – 0.000056370 – 0.000060770 – 0.000061800 – 0.000063190
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern