The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 0.000059820 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.000058780 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000059820 |
| Current Price | 0.000059640 |
| Next Low | 0.000058780 |
| 2nd Low | 0.000056400 |
| 3rd Low | 0.000055570 |
0.000059820 – 0.000059800 – 0.000058950 – 0.000058780 – 0.000056400 – 0.000058080 — 56.18351237419 – 61.478991978434