Buy LUNC/USDT – 1H – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 0.000114630 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000121990 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. 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 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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

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