TERRA - LUNA/USDT
TERRA - LUNA/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: LUNAUSDT
ISIN:

TERRA - LUNA/USDT - Daily - Technical analysis published on 04/23/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
44%
17%
39%
My opinion
Bearish under 97.44 USDT
My targets
77.34 USDT (-13.55%)
66.92 USDT (-25.20%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for TERRA - LUNA/USDT as long as the price remains well below 97.44 USDT. The next bearish objective for sellers is set at 77.34 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 66.92 USDT. In case of crossing, the next objective would be the support located at 52.73 USDT. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 77.34 USDT. With this support, against the trend traders who want to buy TERRA - LUNA/USDT on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by MichaelAI. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

TERRA - LUNA/USDT rating 89.46 USDT. The price is lower by -4.36% since the last closing with the lowest point at 88.91 USDT and the highest point at 94.00 USDT. The deviation from the price is +0.62% for the low point and -4.83% for the high point.

88.91
94.00
89.46

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of TERRA - LUNA/USDT in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 52.73 66.92 77.34 89.46 97.44 109.04 116.41
Change (%) -41.06% -25.20% -13.55% - +8.92% +21.89% +30.13%
Change -36.73 -22.54 -12.12 - +7.98 +19.58 +26.95
Level Minor Minor Major - Major Minor 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
Standard84.2987.4690.5093.6796.7199.88102.92
Camarilla91.8392.4092.9793.5494.1194.6895.25
Woodie84.2387.4390.4493.6496.6599.85102.86
Fibonacci87.4689.8391.3093.6796.0497.5199.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard55.9667.5674.2585.8592.54104.14110.83
Camarilla75.9277.6079.2780.9582.6384.3085.98
Woodie53.5266.3371.8184.6290.10102.91108.39
Fibonacci67.5674.5478.8685.8592.8397.15104.14


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard45.8960.6881.8496.63117.79132.58153.74
Camarilla93.1196.4199.71103.00106.30109.59112.89
Woodie49.0862.2785.0398.22120.98134.17156.93
Fibonacci60.6874.4182.9096.63110.36118.85132.58

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.56
MACD (12,26,9): -1.3000
Directional Movement: -3.02
AROON (14): 21.42
DEMA (21): 90.25
Parabolic SAR (0,02-0,02-0,2): 79.30
Elder Ray (13): 1.27
Super Trend (3,10): 100.33
Zig ZAG (10): 90.51
VORTEX (21): 0.9000
Stochastique (14,3,5): 62.14
TEMA (21): 87.35
Williams %R (14): -37.39
Chande Momentum Oscillator (20): 8.09
Repulse (5,40,3): -4.3500
ROCnROLL: -1
TRIX (15,9): -0.2700
Courbe Coppock: 17.31
MA7: 90.49
MA20: 92.95
MA50: 93.68
MA100: 78.59
MAexp7: 90.75
MAexp20: 91.72
MAexp50: 89.81
MAexp100: 82.40
Price / MA7: -1.14%
Price / MA20: -3.75%
Price / MA50: -4.50%
Price / MA100: +13.83%
Price / MAexp7: -1.42%
Price / MAexp20: -2.46%
Price / MAexp50: -0.39%
Price / MAexp100: +8.57%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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