LUNC/USDT – 4H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.00012 is considered certain.
Caution: A possible trend reversal in the direction of support at 7.0E-5 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.00012 |
| Current Price | 0.000093130 |
| Next Low | 7.0E-5 |
| 2nd Low | 5.0E-5 |
| 3rd Low | 4.0E-5 |
0.00012 – 7.0E-5 – 6.0E-5 – 7.0E-5 – 5.0E-5 – 4.0E-5 —
0.000111680 – 0.000093830 —
68.321453554427 – 45.242417368536 —
– —
0.00012 – 1777996800
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – Symmetrical Triangle Chart Pattern – –