LUNC/USDT – 30M – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards

A continuation of the upward movement up to the next resistance line at 0.000065400 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.000062470 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candle pattern is detected. The chart forms ‘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).

0.000065400 – 0.000063590 – 0.000063870 – 0.000062470 – 0.000063550 – 0.000062490

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern