LUNC/USDT – 4H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 5.0E-5 is expected.
Caution: A possible trend reversal in the direction of the support level at 4.0E-5 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.0E-5 |
| 2nd High | 6.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000045130 |
| Next Low | 4.0E-5 |
| 2nd Low | 3.0E-5 |
| 3rd Low | 2.0E-5 |
5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 — 59.289283038628 – 61.081992158002 — 30.247246265059 – 33.009259269426 – 46.503500578754 – 35.862336764302
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double bottom retreat down – –