LUNC/USDT – 1H – BUY

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

A continuation of the bearish trend down to the next support line at 0.000114630 is expected.

Caution: A possible change in the direction of the resistance zone at 0.000121990 could happen.
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 expected. Target of the current trend is 0.00011512 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.000121990 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Download LUNC/USDT Signal Image

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low