The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.000059200 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000057170 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063720 |
| 2nd High | 0.000063400 |
| Next High | 0.000059200 |
| Current Price | 0.000058090 |
| Next Low | 0.000057170 |
| 2nd Low | 0.000057030 |
| 3rd Low | 0.000056610 |
0.000059200 – 0.000063400 – 0.000062700 – 0.000057170 – 0.000057030 – 0.000061750 — 40.773685875905 – 44.533750285432
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up – –