Additionally a ‘Double top retreat up’ chart pattern is existing. The chart picture forms ‘Double top retreat up’. which is a positive chart scenario. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Target of the current trend is 6.04971E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000061500 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Latter Bottom’ candle chart pattern is existing. The chart shows ‘Latter Bottom’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062580 |
| 2nd High | 0.000062060 |
| Next High | 0.000061500 |
| Current Price | 0.000060250 |
| Next Low | 0.000059930 |
| 2nd Low | 0.000059580 |
| 3rd Low | 0.000059060 |
0.000061500 – 0.000062060 – 0.000062580 – 0.000060600 – 0.000060610 – 0.000061240 — 28.215757234632 – 37.047887138153
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Latter Bottom – Double top retreat up – –