LUNC/USDT – 1H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.000114630 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000121990 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00011512 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000121990 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Matching Low’ candle chart pattern is detected. The chart forms ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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