LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.000058950 is expected.
Caution: A possible trend reversal in the direction of support at 0.000058000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000059590 |
| Next High | 0.000058950 |
| Current Price | 0.000058520 |
| Next Low | 0.000058000 |
| 2nd Low | 0.000057270 |
| 3rd Low | 0.000056400 |
0.000058950 – 0.000059590 – 0.000061050 – 0.000058000 – 0.000057270 – 0.000059640 — 46.346717642505 – 51.054882847725
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –