The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 5.0E-5 will continue.
Caution: A possible counter-trend in the direction of support at 0.000043160 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.0E-5 |
| 2nd High | 6.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000044260 |
| Next Low | 0.000043160 |
| 2nd Low | 4.0E-5 |
| 3rd Low |
5.0E-5 – 4.0E-5 – 4.0E-5 – 0.000043160 – 4.0E-5 – 4.0E-5 — 42.066085747161 – 50.812129893721 — 39.775380633085 – 66.733720392823 – 24.967664668358 – 42.414073616026
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –