LUNC/USDT – 30M – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.000101640 is considered certain.
Caution: A possible change in the direction of the support line at 0.000091500 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 9.682E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.000101640 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. this 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 ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000109900 |
| Next High | 0.000101640 |
| Current Price | 0.000098190 |
| Next Low | 0.000091500 |
| 2nd Low | 0.000089540 |
| 3rd Low | 0.000089230 |