LUNC/USDT – 1H – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 0.000135310 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.000105190 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.000121085 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000135310 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000141100 |
| 2nd High | 0.000137400 |
| Next High | 0.000135310 |
| Current Price | 0.000113820 |
| Next Low | 0.000105190 |
| 2nd Low | 0.000104770 |
| 3rd Low | 0.000101210 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three White Soldiers