LUNC/USDT – 1H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance at 0.000060060 will persist.
Caution: A possible change in the direction of the support level at 0.000057760 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Tweezers Bottom’ candle pattern is found. The chart forms ‘Tweezers Bottom’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000062500 |
| 2nd High | 0.000061050 |
| Next High | 0.000060060 |
| Current Price | 0.000059530 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000057260 |
| 3rd Low | 0.000056800 |
0.000060060 – 0.000059600 – 0.000059370 – 0.000057760 – 0.000058280 – 0.000057260 — 56.554372866002 – 60.093279996094
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Tweezers Bottom – – –