Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 5.93E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.000058600 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart forms ‘Bullish Belt Hold’. 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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000059750 |
2nd High | 0.000059300 |
Next High | 0.000058600 |
Current Price | 0.000057880 |
Next Low | 0.000056420 |
2nd Low | 0.000053540 |
3rd Low | 0.000051200 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold