The currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.000126650 is likely expected.
Caution: A possible change in the direction of the support zone at 0.000118250 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bullish Engulfing’ candle chart pattern is detected. The candles form ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000126890 |
2nd High | 0.000126840 |
Next High | 0.000126650 |
Current Price | 0.000126840 |
Next Low | 0.000118250 |
2nd Low | 0.000115510 |
3rd Low | 0.000115350 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing