Buy LUNC/USDT – 4H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline upwards

A bullish ascent up to the next resistance level at 0.000065040 is likely expected.

Caution: A possible change in the direction of the support line at 0.000055050 could occur.
Consider stop-loss settings accordingly.

Then a ‘RSI cross above 30’ indicator layout is existing. The indicator shows ‘RSI cross above 30’. which could be a positive chart scenario. The currency pair is likely to rise.

Then a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000072990
2nd High 0.000072460
Next High 0.000065040
Current Price 0.000058670
Next Low 0.000055050
2nd Low 0.000054120
3rd Low 0.000049730

0.000065040 – 0.000072460 – 0.000065320 – 0.000058760 – 0.000060700 – 0.000055050 — 33.862768308063 – 39.901601571723

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