LUNC/USDT – 4H – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.000063400 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000059560 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000065040 |
| 2nd High | 0.000064450 |
| Next High | 0.000063400 |
| Current Price | 0.000062700 |
| Next Low | 0.000059560 |
| 2nd Low | 0.000056610 |
| 3rd Low | 0.000055050 |
0.000063400 – 0.000064450 – 0.000061500 – 0.000059560 – 0.000056610 – 0.000058760 — 60.699444508019 – 62.700674224436
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –