LUNC/USDT – 4H – BUY

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

A continuation of the bullish trend up to the next resistance at 0.000067870 will persist.

Caution: A possible counter-trend in the direction of the support line at 0.000060700 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 6.568E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000067870 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).

0.000065320 – 0.000065680 – 0.000058750 – 0.000060700 – 0.000055050 – 0.000055440

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern