The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.000062580 is expected.
Caution: A possible change in the direction of the support line at 0.000060610 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart forms ‘Bullish Engulfing’. this is a bullish pattern 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 ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062580 |
| Current Price | 0.000061210 |
| Next Low | 0.000060610 |
| 2nd Low | 0.000059930 |
| 3rd Low | 0.000059580 |
0.000062580 – 0.000061390 – 0.000061000 – 0.000060610 – 0.000059930 – 0.000059580 — 44.480199574737 – 45.755605643044
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing – Double top retreat up – –