The pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 0.000059970 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.000058280 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Line Strike – Bullish’ chart pattern is discovered. The chart shows ‘Three Line Strike – Bullish’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062500 |
| 2nd High | 0.000061050 |
| Next High | 0.000059970 |
| Current Price | 0.000059380 |
| Next Low | 0.000058280 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000059370 – 0.000059310 – 0.000058990 – 0.000058280 – 0.000057260 – 0.000056800 — 49.44218956852 – 56.99638284355
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Line Strike – Bullish – – –