The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline upwards
The bullish trend up to the next resistance line at 0.000063740 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.000060720 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 6.274016E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000063740 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069280 |
| 2nd High | 0.000069150 |
| Next High | 0.000063740 |
| Current Price | 0.000061230 |
| Next Low | 0.000060720 |
| 2nd Low | 0.000060700 |
| 3rd Low | 0.000055570 |
0.000063740 – 0.000069150 – 0.000069280 – 0.000060720 – 0.000067360 – 0.000066850
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up –