LUNC/USDT – 30M – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.000065400 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000062490 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000065400 |
| Current Price | 0.000064010 |
| Next Low | 0.000062490 |
| 2nd Low | 0.000062370 |
| 3rd Low | 0.000060800 |
0.000065400 – 0.000063590 – 0.000063870 – 0.000062490 – 0.000062370 – 0.000060800
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –