LUNC/USDT – 1H – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance line at 0.000063870 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.000060800 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candle chart pattern is discovered. 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000065680 |
| 2nd High | 0.000065320 |
| Next High | 0.000063870 |
| Current Price | 0.000064010 |
| Next Low | 0.000060800 |
| 2nd Low | 0.000060700 |
| 3rd Low | 0.000055570 |
0.000063870 – 0.000065320 – 0.000064200 – 0.000060800 – 0.000060700 – 0.000060770
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern