The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 0.000060060 will continue.
Caution: A possible change in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 6.194916E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 0.000060060 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.000063460 |
| 2nd High | 0.000061050 |
| Next High | 0.000060060 |
| Current Price | 0.000059980 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000060060 – 0.000059970 – 0.000061050 – 0.000057760 – 0.000056800 – 0.000057270 — 59.443308935727 – 59.771324392643
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –