LUNC/USDT – 1H – BUYThe combination breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.000096820 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.000089230 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000101640 |
| Next High | 0.000096820 |
| Current Price | 0.000095440 |
| Next Low | 0.000089230 |
| 2nd Low | 0.000080780 |
| 3rd Low | 0.000080000 |