The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 8.0E-5 is expected.
Caution: A possible counter-trend in the direction of the support zone at 7.0E-5 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 8.0E-5 |
| Current Price | 0.000094140 |
| Next Low | 7.0E-5 |
| 2nd Low | 6.0E-5 |
| 3rd Low | 5.0E-5 |
8.0E-5 – 8.0E-5 – 7.0E-5 – 7.0E-5 – 7.0E-5 – 6.0E-5 —
0.000079210 – 0.000091160 —
67.885897870587 – 81.085489385008 —
– —
8.0E-5 – 1777597200
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –