The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.000108650 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000101200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Engulfing’ candlestick chart 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 likelyhood of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000112900 |
2nd High | 0.000110380 |
Next High | 0.000108650 |
Current Price | 0.000103580 |
Next Low | 0.000101200 |
2nd Low | 0.000097080 |
3rd Low | 0.000095050 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing