LUNC/USDT – 30M – BUY

The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards

An ascent up to the next resistance level at 0.000063420 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.000059810 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 6.2044E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000063420 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The 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).

0.000063420 – 0.000062890 – 0.000063460 – 0.000059810 – 0.000061780 – 0.000061480 — 47.691966308066 – 50.254642694268

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –