LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.000062360 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000061500 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bullish Belt Hold’ chart pattern is discovered. The chart forms ‘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 likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063000 |
| Next High | 0.000062360 |
| Current Price | 0.000062230 |
| Next Low | 0.000061500 |
| 2nd Low | 0.000057000 |
| 3rd Low | 0.000056610 |
0.000062360 – 0.000063000 – 0.000064170 – 0.000061500 – 0.000057000 – 0.000057170 — 51.326852586576 – 57.842981030628
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – – –