The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000069150 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000063350 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 6.405E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.000069150 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072460 |
| 2nd High | 0.000069280 |
| Next High | 0.000069150 |
| Current Price | 0.000064310 |
| Next Low | 0.000063350 |
| 2nd Low | 0.000062800 |
| 3rd Low | 0.000062660 |
0.000064050 – 0.000063870 – 0.000063650 – 0.000063350 – 0.000062800 – 0.000062820 — 50.777435472749 – 52.627076300755
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Head and Shoulder chart pattern –