LUNC/USDT – 30M – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 0.000069150 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.000062800 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI fall below 70’ indicator signal is detected. The indicator shows ‘RSI fall below 70’. which could be a positive signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 6.405E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000069150 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.000064050 – 0.000063870 – 0.000063650 – 0.000062800 – 0.000062820 – 0.000062660 — 53.334540170008 – 57.975841861138

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – Double bottom retreat down –