Buy LUNC/USDT – 1H – BUY

The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance level at 0.000123920 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.000115510 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00012537972 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000123920 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘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 chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.000129450
2nd High 0.000126890
Next High 0.000123920
Current Price 0.000120450
Next Low 0.000115510
2nd Low 0.000115350
3rd Low 0.000110430

Download LUNC/USDT Signal Image

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