The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 0.000061050 is likely expected.
Caution: A possible change in the direction of support at 0.000057760 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063460 |
| Next High | 0.000061050 |
| Current Price | 0.000061040 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000056800 |
| 3rd Low | 0.000056400 |
0.000060060 – 0.000059970 – 0.000061050 – 0.000057760 – 0.000056800 – 0.000057270 — 63.510077585073 – 69.661502302315
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – Triple bottom chart pattern – –