LUNC/USDT – 1H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 0.000115980 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000112720 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135310 |
| 2nd High | 0.000122260 |
| Next High | 0.000115980 |
| Current Price | 0.000118000 |
| Next Low | 0.000112720 |
| 2nd Low | 0.000105700 |
| 3rd Low | 0.000105190 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Up