LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.000057000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000059120 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063400 |
| 2nd High | 0.000059200 |
| Next High | 0.000059120 |
| Current Price | 0.000058780 |
| Next Low | 0.000057000 |
| 2nd Low | 0.000056610 |
| 3rd Low | 0.000055570 |
0.000059120 – 0.000059200 – 0.000063400 – 0.000057000 – 0.000057170 – 0.000057030 — 60.942922062304 – 57.199456525426
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –