LUNC/USDT – 1H – 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 0.000059720 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000058600 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘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 success rate of a ‘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 | 0.000059720 |
| Current Price | 0.000059720 |
| Next Low | 0.000058600 |
| 2nd Low | 0.000057760 |
| 3rd Low | 0.000057260 |
0.000059720 – 0.000060060 – 0.000059600 – 0.000058600 – 0.000057760 – 0.000058280 — 57.958897032315 – 65.182375235831
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –