LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.000059310 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000057260 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Latter Bottom’ candle chart pattern is existing. The chart forms ‘Latter Bottom’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000059970 |
| Next High | 0.000059310 |
| Current Price | 0.000058950 |
| Next Low | 0.000057260 |
| 2nd Low | 0.000056800 |
| 3rd Low | 0.000056400 |
0.000059310 – 0.000058990 – 0.000059970 – 0.000057260 – 0.000056800 – 0.000057480 — 48.709625722641 – 55.806605353412
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Latter Bottom – Double bottom chart pattern – –