LUNC/USDT – 1H – BUYThe combination goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.000110150 is considered certain.
Caution: A possible change in the direction of support at 0.000097270 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Bullish Engulfing’ candlestick pattern is detected. The chart shows ‘Bullish Engulfing’. 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 chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000110150 |
| Current Price | 0.000099120 |
| Next Low | 0.000097270 |
| 2nd Low | 0.000096980 |
| 3rd Low | 0.000091500 |