The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 0.000112520 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.000106200 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Engulfing’ candle pattern is detected. The candles form ‘Bullish Engulfing’. this is a bullish 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’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000116100 |
2nd High | 0.000112550 |
Next High | 0.000112520 |
Current Price | 0.000110730 |
Next Low | 0.000106200 |
2nd Low | 0.000101200 |
3rd Low | 0.000097080 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing