The combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 0.000058950 will persist.
Caution: A possible trend reversal in the direction of support at 0.000057270 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bullish Belt Hold’ candle pattern is detected. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000061050 |
| 2nd High | 0.000059590 |
| Next High | 0.000058950 |
| Current Price | 0.000058360 |
| Next Low | 0.000057270 |
| 2nd Low | 0.000056400 |
| 3rd Low | 0.000055570 |
0.000058950 – 0.000059590 – 0.000061050 – 0.000057270 – 0.000059640 – 0.000059930 — 39.062410530751 – 45.274903248787
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – – –