LUNC/USDT – 30M – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline down.
A descending movement downwards to the next support at 0.000107950 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.000114910 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Hammer’ chart pattern is found. The candles show ‘Hammer’. 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 ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000122260 |
| 2nd High | 0.000121090 |
| Next High | 0.000114910 |
| Current Price | 0.000113320 |
| Next Low | 0.000107950 |
| 2nd Low | 0.000105190 |
| 3rd Low | 0.000104770 |