LUNC/USDT – 1H – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards

An ascending movement up to the next resistance at 0.000059970 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.000057760 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 5.997E-5 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000059970 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The 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).

0.000059600 – 0.000059370 – 0.000059970 – 0.000057760 – 0.000058280 – 0.000057260 — 69.9073819935 – 70.009067952036

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –