The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 0.000104500 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.000099270 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000121990 |
2nd High | 0.000104970 |
Next High | 0.000104500 |
Current Price | 0.000094650 |
Next Low | 0.000099270 |
2nd Low | 0.000097080 |
3rd Low | 0.000095050 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold