LUNC/USDT – 4H – BUYThe pair jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000096500 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000089230 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.000093920 |
| Next Low | 0.000089230 |
| 2nd Low | 0.000080000 |
| 3rd Low | 0.000078380 |