The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline up.
An ascent upwards to the next resistance line at 0.000121090 is likely expected.
Caution: A possible change in the direction of the support zone at 0.000105190 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Bullish Engulfing’ candle chart pattern is detected. The chart forms ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000135310 |
2nd High | 0.000122260 |
Next High | 0.000121090 |
Current Price | 0.000109390 |
Next Low | 0.000105190 |
2nd Low | 0.000104770 |
3rd Low | 0.000102990 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing