LUNC/USDT – 1H – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.000114630 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.000121990 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.00011512 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.000121990 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Matching Low’ candle pattern is existing. The candles form ‘Matching Low’. 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 likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135310 |
| 2nd High | 0.000124540 |
| Next High | 0.000121990 |
| Current Price | 0.000119160 |
| Next Low | 0.000114630 |
| 2nd Low | 0.000112720 |
| 3rd Low | 0.000105700 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low