Buy LUNC/USDT – 1H – BUY

The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance level at 0.000110380 is certain.

Caution: A possible reversal of the trend in the direction of support at 0.000101210 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00011039834 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000110380 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.000130500
2nd High 0.000112900
Next High 0.000110380
Current Price 0.000109600
Next Low 0.000101210
2nd Low 0.000095050
3rd Low 0.000091500

Download LUNC/USDT Signal Image

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