LUNC/USDT – 4H – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.000064450 is expected.
Caution: A possible trend reversal in the direction of support at 0.000059560 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Hammer’ candlestick pattern is found. The candles form ‘Hammer’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000072460 |
| 2nd High | 0.000065040 |
| Next High | 0.000064450 |
| Current Price | 0.000058360 |
| Next Low | 0.000059560 |
| 2nd Low | 0.000056610 |
| 3rd Low | 0.000055050 |
0.000064450 – 0.000061500 – 0.000065040 – 0.000059560 – 0.000056610 – 0.000058760 — 33.392759674419 – 35.645682757769
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Hammer – Symmetrical Triangle Chart Pattern – –