The combination Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline up.
A bullish movement up to the next resistance line at 0.000111280 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.000104770 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Bullish Engulfing’ candlestick pattern is detected. The candles show ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000137400 |
2nd High | 0.000135310 |
Next High | 0.000111280 |
Current Price | 0.000109170 |
Next Low | 0.000104770 |
2nd Low | 0.000102990 |
3rd Low | 0.000101210 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing