The currency pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.0001 is likely expected.
Caution: A possible reversal of the trend in the direction of support at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.00012 |
| Next High | 0.0001 |
| Current Price | 0.000094570 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.0001 – 0.0001 – 0.00012 – 9.0E-5 – 9.0E-5 – 9.0E-5 —
0.000092370 – 0.000094020 —
49.368261971866 – 53.441164777408 —
– —
0.0001 – 1778261400
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Three Outside Up – – –