The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.000114890 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000111790 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bullish Engulfing’ candlestick pattern is detected. The chart forms ‘Bullish Engulfing’. this is a bullish 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 | 0.000121090 |
2nd High | 0.000114910 |
Next High | 0.000114890 |
Current Price | 0.000115040 |
Next Low | 0.000111790 |
2nd Low | 0.000106630 |
3rd Low | 0.000106350 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing