The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.000100970 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000095050 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. 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 | 0.000103790 |
2nd High | 0.000101700 |
Next High | 0.000100970 |
Current Price | 0.000099980 |
Next Low | 0.000095050 |
2nd Low | 0.000091500 |
3rd Low | 0.000089540 |