The currency pair Terra Luna Classic/Tether (LUNC/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.000059120 will continue.
Caution: A possible change in the direction of the support level at 0.000057170 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bullish Engulfing’ candlestick pattern is found. The chart shows ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063400 |
| 2nd High | 0.000059200 |
| Next High | 0.000059120 |
| Current Price | 0.000057860 |
| Next Low | 0.000057170 |
| 2nd Low | 0.000057030 |
| 3rd Low | 0.000056610 |
0.000059120 – 0.000059200 – 0.000063400 – 0.000057170 – 0.000057030 – 0.000061750 — 38.104783220725 – 44.336571912237
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Engulfing – Double top retreat up – –