The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000059250 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.000060070 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000060460 |
| 2nd High | 0.000060450 |
| Next High | 0.000060070 |
| Current Price | 0.000059400 |
| Next Low | 0.000059250 |
| 2nd Low | 0.000059000 |
| 3rd Low | 0.000058870 |
0.000060070 – 0.000060450 – 0.000060460 – 0.000059250 – 0.000059300 – 0.000059510 — 45.441693438264 – 41.006594095127
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –