LUNC/USDT – 1H – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance line at 3.0E-5 will persist.
Caution: A possible reversal of the trend in the direction of support at 2.0E-5 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.0E-5 |
| 2nd High | 4.0E-5 |
| Next High | 3.0E-5 |
| Current Price | 0.000027120 |
| Next Low | 2.0E-5 |
| 2nd Low | |
| 3rd Low |
3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 — 49.513908520381 – 50.993725912188 — 58.776329628466 – 69.99731965842 – 60.638220199606 – 62.941617961038
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –