LUNC/USDT – 1H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance at 0.000063590 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.000058760 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘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 | 0.000072460 |
| 2nd High | 0.000069280 |
| Next High | 0.000063590 |
| Current Price | 0.000061340 |
| Next Low | 0.000058760 |
| 2nd Low | 0.000055570 |
| 3rd Low | 0.000055050 |
0.000063590 – 0.000069280 – 0.000072460 – 0.000058760 – 0.000066850 – 0.000062470 — 40.605636839777 – 40.810855061039
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple top chart pattern –