LUNC/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance at 0.000059380 is likely expected.

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

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.

Moreover a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a positive 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).

0.000059380 – 0.000059680 – 0.000061500 – 0.000056610 – 0.000056760 – 0.000057260 — 60.148217126503 – 60.858244262797

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