The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 0.000062580 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.000060720 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 6.183E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000062580 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 0.000062580 |
| Current Price | 0.000062260 |
| Next Low | 0.000060720 |
| 2nd Low | 0.000058870 |
| 3rd Low | 0.000058290 |
0.000061830 – 0.000060980 – 0.000059700 – 0.000060720 – 0.000058870 – 0.000058880 — 64.687596455791 – 69.444765938073
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –