LUNC/USDT – 30M – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.000059680 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.000057350 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Engulfing’ candle pattern is existing. The candles form ‘Bullish Engulfing’. 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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061500 |
| 2nd High | 0.000061290 |
| Next High | 0.000059680 |
| Current Price | 0.000059050 |
| Next Low | 0.000057350 |
| 2nd Low | 0.000056610 |
| 3rd Low | 0.000055570 |
0.000058220 – 0.000057890 – 0.000059680 – 0.000057350 – 0.000056610 – 0.000056900 — 62.52141804231 – 64.247406747385
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing – Triple bottom chart pattern – –