Buy LUNC/USDT – 4H – BUY

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

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