Buy LUNC/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance line at 0.000059680 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.000056610 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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 0.000062070
2nd High 0.000061500
Next High 0.000059680
Current Price 0.000059310
Next Low 0.000056610
2nd Low 0.000055570
3rd Low 0.000055050

0.000059680 – 0.000061500 – 0.000062070 – 0.000056610 – 0.000056760 – 0.000057260 — 62.811717566441 – 64.044942867311

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