LUNC/USDT – 30M – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.000059400 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000058500 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 pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000060060 |
| Next High | 0.000059400 |
| Current Price | 0.000059340 |
| Next Low | 0.000058500 |
| 2nd Low | 0.000057760 |
| 3rd Low | 0.000057260 |
0.000059400 – 0.000060060 – 0.000058870 – 0.000058500 – 0.000057760 – 0.000058050 — 53.033116110365 – 57.819715768718
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern – –