The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000110380 will continue.
Caution: A possible counter-trend in the direction of support at 0.000104280 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Bullish Engulfing’ candle chart pattern is found. The candles form ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000116100 |
2nd High | 0.000112900 |
Next High | 0.000110380 |
Current Price | 0.000107450 |
Next Low | 0.000104280 |
2nd Low | 0.000101200 |
3rd Low | 0.000097080 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing