Buy LUNC/USDT – 4H – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.

A bullish trend upwards to the next resistance level at 0.000064170 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.000057300 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 6.445E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000064170 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency 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 0.000065040
2nd High 0.000064450
Next High 0.000064170
Current Price 0.000063150
Next Low 0.000057300
2nd Low 0.000057000
3rd Low 0.000056610

0.000064170 – 0.000063400 – 0.000064450 – 0.000057300 – 0.000057000 – 0.000059560 — 67.064604294804 – 68.721104328148

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