The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.000062500 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.000059930 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 6.139E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000062500 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062500 |
| Current Price | 0.000061970 |
| Next Low | 0.000059930 |
| 2nd Low | 0.000059580 |
| 3rd Low | 0.000059060 |
0.000061390 – 0.000061000 – 0.000061280 – 0.000059930 – 0.000059580 – 0.000059900 — 66.638492624625 – 72.501569332565
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –