LUNC/USDT – 4H – BUYAdditionally a ‘Falling Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 0.000064290 will persist.
Caution: A possible change in the direction of the support line at 0.000055450 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Belt Hold’ chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive pattern signal. The 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 | 0.000067870 |
| 2nd High | 0.000064560 |
| Next High | 0.000064290 |
| Current Price | 0.000061740 |
| Next Low | 0.000055450 |
| 2nd Low | 0.000051200 |
| 3rd Low | 0.000050590 |
0.000064290 – 0.000062850 – 0.000060150 – 0.000055450 – 0.000058100 – 0.000055560
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Bullish Belt Hold