LUNC/USDT – 30M – BUY

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

The bullish trend up to the next resistance line at 0.000058220 will persist.

Caution: A possible trend reversal in the direction of the support zone at 0.000056610 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI cross above 20’ indicator layout is detected. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 5.895E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000058220 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candle pattern is existing. The candles show ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000058220 – 0.000057890 – 0.000059680 – 0.000056610 – 0.000056900 – 0.000056760 — 51.718244056145 – 52.175547724252

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –