LUNC/USDT – 30M – BUYNext a ‘Double bottom chart pattern’ chart layout is existing. The chart forms ‘Double bottom chart pattern’. this is a bullish signal. The pair is likely to go up.
Next a ‘Bullish Engulfing’ candle pattern is discovered. The candles form ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000072990 |
| Next High | 0.000071230 |
| Current Price | 0.000070340 |
| Next Low | 0.000069210 |
| 2nd Low | 0.000065630 |
| 3rd Low | 0.000062470 |
0.000071230 – 0.000067690 – 0.000065400 – 0.000069210 – 0.000065630 – 0.000062470
Trading Signals: FOREX – LUNC – LUNC/USDT – USDT – Bullish Engulfing – Double bottom chart pattern