The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 0.000063870 will persist.
Caution: A possible change in the direction of support at 0.000062660 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘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 success rate of a ‘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 | 0.000063870 |
| Current Price | 0.000063720 |
| Next Low | 0.000062660 |
| 2nd Low | 0.000060780 |
| 3rd Low | 0.000060570 |
0.000063870 – 0.000063650 – 0.000063850 – 0.000062660 – 0.000060780 – 0.000060570 — 57.597384711204 – 61.360657169051
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern –