LUNC/USDT – 30M – BUYThe pair breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 0.000092400 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.000089540 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000094790 |
| 2nd High | 0.000094210 |
| Next High | 0.000092400 |
| Current Price | 0.000092890 |
| Next Low | 0.000089540 |
| 2nd Low | 0.000089230 |
| 3rd Low | 0.000088760 |