Buy LUNC/USDT – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00011585 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.000112520 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Bullish Engulfing’ candlestick pattern is discovered. The candles show ‘Bullish Engulfing’. which 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 ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 0.000116100
2nd High 0.000112550
Next High 0.000112520
Current Price 0.000109590
Next Low 0.000106870
2nd Low 0.000106200
3rd Low 0.000101200

Download LUNC/USDT Signal Image

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