Buy LUNC/USDT – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.00012488576 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000126840 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Bullish Engulfing’ candlestick pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High 0.000129450
2nd High 0.000126890
Next High 0.000126840
Current Price 0.000120380
Next Low 0.000117110
2nd Low 0.000114640
3rd Low 0.000110110

Download LUNC/USDT Signal Image

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