LUNC/USDT – 30M – BUYThe currency pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 0.0001 is certain.
Caution: A possible counter-trend in the direction of the support level at 9.0E-5 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Furthermore a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | |
| 2nd High | 0.00012 |
| Next High | 0.0001 |
| Current Price | 0.000093130 |
| Next Low | 9.0E-5 |
| 2nd Low | 8.0E-5 |
| 3rd Low | 7.0E-5 |
0.0001 – 0.00012 – 0.00012 – 9.0E-5 – 9.0E-5 – 9.0E-5 —
0.000091050 – 0.000091740 —
42.56821405366 – 50.338808581102 —
– —
0.0001 – 1778148000
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bullish Belt Hold – Symmetrical Triangle Chart Pattern – –