LUNC/USDT – 4H – BUYAdditionally a ‘Double top retreat up’ chart pattern is detected. The chart forms ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to go up.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 6.129996E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000062690 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000064170 |
| 2nd High | 0.000063460 |
| Next High | 0.000062690 |
| Current Price | 0.000060280 |
| Next Low | 0.000057760 |
| 2nd Low | 0.000056800 |
| 3rd Low | 0.000056400 |
0.000062690 – 0.000062580 – 0.000060060 – 0.000057760 – 0.000059580 – 0.000057760 — 47.700233526828 – 50.769625860398
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top retreat up – –