LUNC/USDT – 30M – SELLThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.000059250 is expected.
Caution: A possible change in the direction of the resistance zone at 0.000060070 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘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 chance of ‘Northern Doji’ heading 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 | 0.000059380 |
| 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 – 40.442708452044
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern – –