LUNC/USDT – 1H – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.000101640 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.000091500 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | |
| 2nd High | 0.000109900 |
| Next High | 0.000101640 |
| Current Price | 0.000097300 |
| Next Low | 0.000091500 |
| 2nd Low | 0.000089230 |
| 3rd Low | 0.000080780 |