The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 0.000060060 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000061050 |
| Next High | 0.000060060 |
| Current Price | 0.000059690 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000060060 – 0.000059970 – 0.000061050 – 0.000057760 – 0.000056800 – 0.000057270 — 56.115026679668 – 57.829985118533
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom chart pattern – –