LUNC/USDT – 4H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.000179800 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.000107570 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart forms ‘Bullish Engulfing’. 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 probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000179800 |
| Current Price | 0.000130590 |
| Next Low | 0.000107570 |
| 2nd Low | 0.000101210 |
| 3rd Low | 0.000095050 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing