LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.000057730 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.000055510 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Additionally a ‘Latter Bottom’ candle chart pattern is discovered. The chart forms ‘Latter Bottom’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000058530 |
| 2nd High | 0.000058450 |
| Next High | 0.000057730 |
| Current Price | 0.000056060 |
| Next Low | 0.000055510 |
| 2nd Low | 0.000055450 |
| 3rd Low | 0.000054880 |
0.000057730 – 0.000056170 – 0.000056090 – 0.000055510 – 0.000055450 – 0.000054880
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Latter Bottom – Double top retreat up