LUNC/USDT – 1H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance at 0.000063870 is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.000062660 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bullish Belt Hold’ chart pattern is found. The chart shows ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072460 |
| 2nd High | 0.000069280 |
| Next High | 0.000063870 |
| Current Price | 0.000063720 |
| Next Low | 0.000062660 |
| 2nd Low | 0.000060570 |
| 3rd Low | 0.000058760 |
0.000063870 – 0.000063850 – 0.000063590 – 0.000062660 – 0.000060570 – 0.000058760 — 52.449061183278 – 59.341594361879
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern –