LUNC/USDT – 30M – BUY

The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.

A bullish ascent up to the next resistance line at 0.000060460 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at could happen.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 6.0845E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000060460 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000060460 – 0.000060380 – 0.000062430 – 0.000059510 – 0.000059000 – 0.000060620 — 53.583218671132 – 55.964855337897

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –