The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 0.000060470 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000057500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.000063000 |
| 2nd High | 0.000062360 |
| Next High | 0.000060470 |
| Current Price | 0.000059550 |
| Next Low | 0.000057500 |
| 2nd Low | 0.000057400 |
| 3rd Low | 0.000057300 |
0.000059140 – 0.000060470 – 0.000059660 – 0.000057500 – 0.000057400 – 0.000057300 — 56.58593547036 – 57.993243598735
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up – –