Furthermore a ‘Double top retreat up’ chart layout is existing. The chart picture forms ‘Double top retreat up’. this is a bullish pattern signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 6.043788E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.000060950 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062500 |
| Next High | 0.000060950 |
| Current Price | 0.000060140 |
| Next Low | 0.000059930 |
| 2nd Low | 0.000058910 |
| 3rd Low | 0.000058810 |
0.000060950 – 0.000060800 – 0.000059930 – 0.000059930 – 0.000058910 – 0.000058810 — 45.502935096241 – 50.670899624853
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Double top retreat up – –