LUNC/USDT – 30M – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.000062070 is considered certain.
Caution: A possible change in the direction of the support level at 0.000059610 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Engulfing’ candlestick pattern is found. The candles show ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000069150 |
| 2nd High | 0.000065040 |
| Next High | 0.000062070 |
| Current Price | 0.000061610 |
| Next Low | 0.000059610 |
| 2nd Low | 0.000058760 |
| 3rd Low | 0.000055570 |
0.000062070 – 0.000065040 – 0.000064050 – 0.000059610 – 0.000063350 – 0.000062800 — 51.275366737313 – 54.417254894929
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing – –