LUNC/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.000168 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Bullish Engulfing’ candlestick pattern is detected. The candles show ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.000172230 |
| 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