Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00011585 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.000112520 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Bullish Engulfing’ candlestick pattern is discovered. The candles show ‘Bullish Engulfing’. 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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000116100 |
2nd High | 0.000112550 |
Next High | 0.000112520 |
Current Price | 0.000109590 |
Next Low | 0.000106870 |
2nd Low | 0.000106200 |
3rd Low | 0.000101200 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing