LUNC/USDT – 1H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.000059600 is certain.
Caution: A possible counter-trend in the direction of support at 0.000058280 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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 | 0.000059970 |
| Next High | 0.000059600 |
| Current Price | 0.000058800 |
| Next Low | 0.000058280 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000059600 – 0.000059370 – 0.000059970 – 0.000058280 – 0.000057260 – 0.000056800 — 50.377885512358 – 51.433949360882
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –