LUNC/USDT – 30M – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support level at 0.000117000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.000124540 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000137400 |
| 2nd High | 0.000135310 |
| Next High | 0.000124540 |
| Current Price | 0.000118630 |
| Next Low | 0.000117000 |
| 2nd Low | 0.000114630 |
| 3rd Low | 0.000112910 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing