LUNC/USDT – 1H – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.000095050 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.000121990 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bullish Belt Hold’ chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135310 |
| 2nd High | 0.000124540 |
| Next High | 0.000121990 |
| Current Price | 0.000100790 |
| Next Low | 0.000095050 |
| 2nd Low | |
| 3rd Low |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold