LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 0.000058950 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.000057270 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive 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’ heading 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 | 0.000058710 |
| Next Low | 0.000057270 |
| 2nd Low | 0.000056400 |
| 3rd Low | 0.000055570 |
0.000058950 – 0.000059590 – 0.000061050 – 0.000057270 – 0.000059640 – 0.000059930 — 52.031977495969 – 54.48917456053
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –