The pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline upwards
A bullish trend up to the next resistance level at 0.000059260 is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.000057000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Engulfing’ candle chart pattern is existing. The candles form ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000059260 |
| Current Price | 0.000057710 |
| Next Low | 0.000057000 |
| 2nd Low | 0.000056610 |
| 3rd Low | 0.000055570 |
0.000059260 – 0.000062500 – 0.000063420 – 0.000058080 – 0.000059810 – 0.000061780 — 37.089198611713 – 46.128626767683
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing – – –