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 05/11/2022 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 19.76 USDT
My targets
4.21 USDT (-35.43%)
My analysis
The bearish trend is currently very strong for TERRA - LUNA/USDT. As long as the price remains below the resistance at 19.76 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 4.21 USDT. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5

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 SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The TERRA - LUNA/USDT price is 6.52 USDT. The price is lower by -62.55% since the last closing and was between 6.52 USDT and 19.53 USDT. This implies that the price is at 0% from its lowest and at -66.62% from its highest.

6.52
19.53
6.52

Here is a more detailed summary of the historical variations registered by TERRA - LUNA/USDT:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this TERRA - LUNA/USDT chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : Daily



The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 4.21 6.52 21.91 46.33 52.80
Change (%) -35.43% - +236.04% +610.58% +709.82%
Change -2.31 - +15.39 +39.81 +46.28
Level Minor - Intermediate Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-18.37-2.327.5423.5933.4549.5059.36
Camarilla10.2912.6615.0417.4119.7922.1624.54
Woodie-21.46-3.874.4622.0430.3747.9556.28
Fibonacci-2.327.5713.6923.5933.4839.6049.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard34.4249.1558.6273.3582.8297.55107.02
Camarilla61.4563.6665.8868.1070.3272.5474.76
Woodie31.8047.8456.0072.0480.2096.24104.40
Fibonacci49.1558.3964.1073.3582.5988.3097.55


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.7647.7862.9490.96106.12134.14149.30
Camarilla66.2470.1974.1578.1182.0786.0389.99
Woodie13.3444.5756.5287.7599.70130.93142.88
Fibonacci47.7864.2774.4690.96107.45117.64134.14

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): 14.68
MACD (12,26,9): -16.2000
Directional Movement: -46.48
AROON (14): -92.86
DEMA (21): 47.76
Parabolic SAR (0,02-0,02-0,2): 75.12
Elder Ray (13): -45.83
Super Trend (3,10): 46.87
Zig ZAG (10): 2.28
VORTEX (21): 0.5400
Stochastique (14,3,5): 2.12
TEMA (21): 34.47
Williams %R (14): -98.35
Chande Momentum Oscillator (20): -82.84
Repulse (5,40,3): -1,076.4300
ROCnROLL: 2
TRIX (15,9): -1.2300
Courbe Coppock: 99.49
MA7: 49.14
MA20: 73.96
MA50: 87.36
MA100: 79.44
MAexp7: 40.10
MAexp20: 65.36
MAexp50: 78.32
MAexp100: 78.56
Price / MA7: -86.73%
Price / MA20: -91.18%
Price / MA50: -92.54%
Price / MA100: -91.79%
Price / MAexp7: -83.74%
Price / MAexp20: -90.02%
Price / MAexp50: -91.68%
Price / MAexp100: -91.70%

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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