The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 0.000062700 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000061600 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063720 |
| 2nd High | 0.000063100 |
| Next High | 0.000062700 |
| Current Price | 0.000062480 |
| Next Low | 0.000061600 |
| 2nd Low | 0.000060840 |
| 3rd Low | 0.000059560 |
0.000062700 – 0.000062660 – 0.000063100 – 0.000061600 – 0.000060840 – 0.000059560 — 54.996009356685 – 55.706719955094
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –