The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 0.000058950 is expected.
Caution: A possible counter-trend in the direction of the support zone at should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘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’ 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 | 0.000058740 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000058950 – 0.000059590 – 0.000061050 – 0.000057270 – 0.000059640 – 0.000059930 — 55.39232991541 – 57.099751655056
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –