The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 0.000059970 will continue.
Caution: A possible reversal of the trend in the direction of the support line at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062500 |
| 2nd High | 0.000061050 |
| Next High | 0.000059970 |
| Current Price | 0.000058960 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000059970 – 0.000059960 – 0.000058950 – 0.000057260 – 0.000056800 – 0.000057480 — 53.782429382286 – 54.355701423842
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –