LUNC/USDT – 30M – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.000059780 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.000055560 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063920 |
| 2nd High | 0.000062850 |
| Next High | 0.000059780 |
| Current Price | 0.000056330 |
| Next Low | 0.000055560 |
| 2nd Low | 0.000053540 |
| 3rd Low | 0.000051200 |
0.000059780 – 0.000062850 – 0.000062530 – 0.000058200 – 0.000060120 – 0.000061370
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Bullish Belt Hold