Buy LUNC/USDT – 4H – BUY

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

A bullish movement upwards to the next resistance level at 0.000065040 is certain.

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

Next a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. 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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