LUNC/USDT – 30M – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 0.00011 is expected.
Caution: A possible trend reversal in the direction of the support level at 9.0E-5 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.00011 |
| Current Price | 0.000121500 |
| Next Low | 9.0E-5 |
| 2nd Low | 8.0E-5 |
| 3rd Low | 7.0E-5 |
0.0001 – 0.00011 – 9.0E-5 – 9.0E-5 – 8.0E-5 – 8.0E-5 —
0.000101560 – 0.000118250 —
57.34274952899 – 82.400110105865 —
– —
0.0001 – 1777962600
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – – –