LUNC/USDT – 4H – BUY

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

A continuation of the upward movement upwards to the next resistance line at 0.000067870 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.000060700 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 6.568E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000067870 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern 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).

0.000065320 – 0.000065680 – 0.000058750 – 0.000060700 – 0.000055050 – 0.000055440

Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Northern Doji –