LUNC/USDT – 1H – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000062780 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.000058100 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
There is also a ‘Bullish Engulfing’ candle chart pattern is existing. The candles show ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064560 |
| 2nd High | 0.000063920 |
| Next High | 0.000062780 |
| Current Price | 0.000062330 |
| Next Low | 0.000058100 |
| 2nd Low | 0.000055560 |
| 3rd Low | 0.000051200 |
0.000062780 – 0.000061840 – 0.000059780 – 0.000058100 – 0.000058800 – 0.000059070
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Bullish Engulfing