Buy LUNC/USDT – 30M – BUY

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:

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