TERRA - LUNA/USDT - Daily - Technical analysis published on 01/27/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 66.92 USDT
My targets
52.80 USDT (-12.35%)
48.71 USDT (-19.14%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TERRA - LUNA/USDT as long as the price remains well below 66.92 USDT. The sellers' bearish objective is set at 52.80 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 48.71 USDT. In case of crossing, the next objective would be the support located at 38.55 USDT.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
4.8
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Additional analysis
Quotes
The TERRA - LUNA/USDT rating is 60.24 USDT. The price has increased by +2.62% since the last closing and was between 55.55 USDT and 60.89 USDT. This implies that the price is at +8.44% from its lowest and at -1.07% from its highest.55.55
60.89
60.24
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this TERRA - LUNA/USDT chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 21.91 | 38.55 | 52.80 | 60.24 | 66.92 | 73.86 | 87.33 |
Change (%) | -63.63% | -36.01% | -12.35% | - | +11.09% | +22.61% | +44.97% |
Change | -38.33 | -21.69 | -7.44 | - | +6.68 | +13.62 | +27.09 |
Level | Major | Major | Major | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 47.21 | 52.50 | 55.60 | 60.89 | 63.99 | 69.28 | 72.38 |
Camarilla | 56.39 | 57.16 | 57.93 | 58.70 | 59.47 | 60.24 | 61.01 |
Woodie | 46.12 | 51.95 | 54.51 | 60.34 | 62.90 | 68.73 | 71.29 |
Fibonacci | 52.50 | 55.71 | 57.69 | 60.89 | 64.10 | 66.08 | 69.28 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 15.25 | 34.65 | 48.71 | 68.11 | 82.17 | 101.57 | 115.63 |
Camarilla | 53.57 | 56.64 | 59.70 | 62.77 | 65.84 | 68.90 | 71.97 |
Woodie | 12.58 | 33.32 | 46.04 | 66.78 | 79.50 | 100.24 | 112.96 |
Fibonacci | 34.65 | 47.43 | 55.33 | 68.11 | 80.89 | 88.79 | 101.57 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 7.35 | 29.57 | 56.71 | 78.93 | 106.07 | 128.29 | 155.43 |
Camarilla | 70.28 | 74.80 | 79.33 | 83.85 | 88.38 | 92.90 | 97.42 |
Woodie | 9.81 | 30.80 | 59.17 | 80.16 | 108.53 | 129.52 | 157.89 |
Fibonacci | 29.57 | 48.43 | 60.07 | 78.93 | 97.79 | 109.43 | 128.29 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 39.35 | |
MACD (12,26,9): | -4.1800 | |
Directional Movement: | -18.49 | |
AROON (14): | -50.00 | |
DEMA (21): | 66.97 | |
Parabolic SAR (0,02-0,02-0,2): | 81.17 | |
Elder Ray (13): | -10.44 | |
Super Trend (3,10): | 83.20 | |
Zig ZAG (10): | 60.41 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 19.57 | |
TEMA (21): | 61.59 | |
Williams %R (14): | -80.85 | |
Chande Momentum Oscillator (20): | -26.76 | |
Repulse (5,40,3): | -3.6900 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.3800 | |
Courbe Coppock: | 31.46 |
MA7: | 63.60 | |
MA20: | 73.10 | |
MA50: | 75.59 | |
MA100: | 62.26 | |
MAexp7: | 64.70 | |
MAexp20: | 71.25 | |
MAexp50: | 71.39 | |
MAexp100: | 63.23 | |
Price / MA7: | -5.28% | |
Price / MA20: | -17.59% | |
Price / MA50: | -20.31% | |
Price / MA100: | -3.24% | |
Price / MAexp7: | -6.89% | |
Price / MAexp20: | -15.45% | |
Price / MAexp50: | -15.62% | |
Price / MAexp100: | -4.73% |
Quotes :
-
Real time data
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