LUNC/USDT – 30M – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance level at 0.000062700 is likely expected.

Caution: A possible change in the direction of support at 0.000061600 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 6.31E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.000062700 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000062700 – 0.000062660 – 0.000063100 – 0.000061600 – 0.000060840 – 0.000059560 — 53.27156953722 – 54.719234234923

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –