The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000095270 is considered certain.
Caution: A possible trend reversal in the direction of support at 9.0E-5 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Bullish Engulfing’ chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00012 |
| 2nd High | 0.0001 |
| Next High | 0.000095270 |
| Current Price | 0.000094570 |
| Next Low | 9.0E-5 |
| 2nd Low | 8.0E-5 |
| 3rd Low | 7.0E-5 |
0.000095270 – 0.0001 – 0.00012 – 9.0E-5 – 9.0E-5 – 8.0E-5 —
0.000095270 – 0.000093960 —
52.715245853159 – 51.291219119532 —
0.000095270 – 1778260500 —
– 1778260500
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing – – –