LUNC/USDT – 1H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000110380 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.000106500 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Engulfing’ candle pattern is discovered. The candles show ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to go up. 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 | 0.000130500 |
| 2nd High | 0.000112900 |
| Next High | 0.000110380 |
| Current Price | 0.000107500 |
| Next Low | 0.000106500 |
| 2nd Low | 0.000106200 |
| 3rd Low | 0.000095050 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing