Buy LUNC/USDT – 1H – BUY

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

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