The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 0.000062700 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000061600 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘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 success rate of a ‘Northern Doji’ heading 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 | 0.000062880 |
| Next Low | 0.000061600 |
| 2nd Low | 0.000060840 |
| 3rd Low | 0.000059560 |
0.000062700 – 0.000062660 – 0.000063100 – 0.000061600 – 0.000060840 – 0.000059560 — 58.210207491442 – 61.194533696443
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –