LUNC/USDT – 30M – SELLThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000061700 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000065320 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. 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 | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000065320 |
| Current Price | 0.000061900 |
| Next Low | 0.000061700 |
| 2nd Low | 0.000060770 |
| 3rd Low | 0.000055570 |
0.000065320 – 0.000064200 – 0.000062990 – 0.000061700 – 0.000062390 – 0.000061840
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern