Buy LUNC/USDT – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.00012039 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000120000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Inside Up’ candle chart pattern is found. The chart forms ‘Three Inside Up’. 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 likelyhood of ‘Three Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000122260
2nd High 0.000120390
Next High 0.000120000
Current Price 0.000118550
Next Low 0.000112720
2nd Low 0.000105700
3rd Low 0.000105190

Download LUNC/USDT Signal Image

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