The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 5.0E-5 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.000042950 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.000043690 |
| Next Low | 0.000042950 |
| 2nd Low | 4.0E-5 |
| 3rd Low |
5.0E-5 – 5.0E-5 – 5.0E-5 – 0.000042950 – 4.0E-5 – 4.0E-5 — 48.037482478497 – 48.623769865461 — 92.367946194226 – 92.367946194226 – 85.910631027994 – 87.867279643481
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – – –