LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the descending trendline upwards
A bullish movement upwards to the next resistance at 0.000062850 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000058200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bullish Engulfing’. which is a bullish pattern signal. The currency 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 | 0.000062850 |
| Current Price | 0.000058430 |
| Next Low | 0.000058200 |
| 2nd Low | 0.000058100 |
| 3rd Low | 0.000057710 |
0.000062850 – 0.000062530 – 0.000062670 – 0.000058200 – 0.000060120 – 0.000061370
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Bullish Engulfing