LUNC/USDT – 1H – BUYThe currency pair goes from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.000096500 is certain.
Caution: A possible change in the direction of the support zone at 0.000089230 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000101640 |
| Next High | 0.000096500 |
| Current Price | 0.000091930 |
| Next Low | 0.000089230 |
| 2nd Low | 0.000080780 |
| 3rd Low | 0.000080000 |