LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline up.
A bullish ascent upwards to the next resistance at 0.000062500 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.000057460 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bullish Engulfing’ chart pattern is found. The candles form ‘Bullish Engulfing’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062500 |
| Current Price | 0.000059110 |
| Next Low | 0.000057460 |
| 2nd Low | 0.000057400 |
| 3rd Low | 0.000057300 |
0.000062500 – 0.000063420 – 0.000062890 – 0.000059810 – 0.000061780 – 0.000061480 — 41.603013147461 – 47.499867796413
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing – – –