The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.000060470 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.000057300 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064450 |
| 2nd High | 0.000064170 |
| Next High | 0.000060470 |
| Current Price | 0.000059170 |
| Next Low | 0.000057300 |
| 2nd Low | 0.000057000 |
| 3rd Low | 0.000056610 |
0.000060470 – 0.000064170 – 0.000059200 – 0.000057300 – 0.000057610 – 0.000058480 — 51.18883343067 – 55.287066800268
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –