The currency pair Terra Luna Classic/Tether (LUNC/USDT) moves from the ascending trendline downwards
A descending movement down to the next support at 0.000105700 will persist.
Caution: A possible change in the direction of resistance at 0.000112020 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Engulfing’ candlestick pattern is existing. The candles form ‘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 success rate of a ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000114890 |
2nd High | 0.000113760 |
Next High | 0.000112020 |
Current Price | 0.000107240 |
Next Low | 0.000105700 |
2nd Low | 0.000105190 |
3rd Low | 0.000104770 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing