LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.000065400 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.000063550 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bullish Belt Hold’. 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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000067870 |
| 2nd High | 0.000065680 |
| Next High | 0.000065400 |
| Current Price | 0.000063810 |
| Next Low | 0.000063550 |
| 2nd Low | 0.000062490 |
| 3rd Low | 0.000062370 |
0.000065400 – 0.000063590 – 0.000063870 – 0.000063550 – 0.000062490 – 0.000062370
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern