The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.000062990 is expected.
Caution: A possible reversal of the trend in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The 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 | 0.000065680 |
| 2nd High | 0.000064110 |
| Next High | 0.000062990 |
| Current Price | 0.000062710 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000062990 – 0.000064110 – 0.000065680 – 0.000060770 – 0.000061800 – 0.000063190
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –