LUNC/USDT – 4H – BUYThe combination breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 0.000096500 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000089230 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000101640 |
| Next High | 0.000096500 |
| Current Price | 0.000101250 |
| Next Low | 0.000089230 |
| 2nd Low | 0.000080000 |
| 3rd Low | 0.000078380 |