The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance line at 0.000059930 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000058810 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000059930 |
| Current Price | 0.000059860 |
| Next Low | 0.000058810 |
| 2nd Low | 0.000058780 |
| 3rd Low | 0.000056400 |
0.000059930 – 0.000059820 – 0.000059800 – 0.000058810 – 0.000058780 – 0.000056400 — 61.049493777046 – 61.436459119738
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –