Buy LUNC/USDT – 30M – BUY

The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards

A bullish trend up to the next resistance at 0.000108650 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.000102190 could happen.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.000107545 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000108650 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The 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 0.000112900
2nd High 0.000110380
Next High 0.000108650
Current Price 0.000105960
Next Low 0.000102190
2nd Low 0.000101200
3rd Low 0.000097080

Download LUNC/USDT Signal Image

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