LUNC/USDT – 1H – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline upwards
An ascending movement up to the next resistance level at 0.000062580 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.000057760 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bullish Belt Hold’ candle pattern is existing. The chart forms ‘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 likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063460 |
| 2nd High | 0.000063420 |
| Next High | 0.000062580 |
| Current Price | 0.000058860 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000062580 – 0.000061390 – 0.000061000 – 0.000059760 – 0.000060610 – 0.000059930 — 38.942397917187 – 46.436533037512
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – – –