LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 0.000062070 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.000059610 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. 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 | 0.000069150 |
| 2nd High | 0.000065040 |
| Next High | 0.000062070 |
| Current Price | 0.000060390 |
| Next Low | 0.000059610 |
| 2nd Low | 0.000058760 |
| 3rd Low | 0.000055570 |
0.000062070 – 0.000065040 – 0.000064050 – 0.000059610 – 0.000063350 – 0.000062800 — 50.867011072174 – 51.333497800886
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple top chart pattern –