Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00011598 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000115940 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bullish Engulfing’ candlestick pattern is existing. The candles form ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. 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 | 0.000121090 |
2nd High | 0.000115980 |
Next High | 0.000115940 |
Current Price | 0.000114110 |
Next Low | 0.000112720 |
2nd Low | 0.000111790 |
3rd Low | 0.000106630 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing