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

TERRA - LUNA/USDT - Daily - Technical analysis published on 04/05/2022 (GMT)

  • 180
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 109.04 USDT
My targets
132.58 USDT (+14.72%)
153.74 USDT (+33.03%)
My analysis
The bullish trend is currently very strong on TERRA - LUNA/USDT. As long as the price remains above the support at 109.04 USDT, you could try to benefit from the boom. The first bullish objective is located at 132.58 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 153.74 USDT as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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

Additional analysis

Quotes

TERRA - LUNA/USDT rating 115.57 USDT. The price is lower by -0.72% since the last closing and was traded between 115.08 USDT and 118.45 USDT over the period. The price is currently at +0.43% from its lowest and -2.43% from its highest.

115.08
118.45
115.57

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of TERRA - LUNA/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 90.36 97.44 109.04 115.57
Change (%) -21.81% -15.69% -5.65% -
Change -25.21 -18.13 -6.53 -
Level Intermediate Major 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
Standard103.17106.30111.36114.49119.55122.68127.74
Camarilla114.16114.91115.66116.41117.16117.91118.66
Woodie104.13106.78112.32114.97120.51123.16128.70
Fibonacci106.30109.43111.37114.49117.62119.56122.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard70.1879.9397.55107.30124.92134.67152.29
Camarilla107.64110.15112.66115.17117.68120.19122.70
Woodie74.1281.90101.49109.27128.86136.64156.23
Fibonacci79.9390.3996.85107.30117.76124.22134.67


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): 67.14
MACD (12,26,9): 8.0600
Directional Movement: 17.08
AROON (14): 71.43
DEMA (21): 112.12
Parabolic SAR (0,02-0,02-0,2): 97.40
Elder Ray (13): 10.62
Super Trend (3,10): 95.36
Zig ZAG (10): 115.54
VORTEX (21): 1.2000
Stochastique (14,3,5): 89.02
TEMA (21): 114.46
Williams %R (14): -9.85
Chande Momentum Oscillator (20): 21.78
Repulse (5,40,3): 3.8400
ROCnROLL: 1
TRIX (15,9): 1.0800
Courbe Coppock: 41.49
MA7: 110.69
MA20: 99.62
MA50: 85.42
MA100: 76.67
MAexp7: 110.95
MAexp20: 101.89
MAexp50: 89.66
MAexp100: 78.95
Price / MA7: +4.41%
Price / MA20: +16.01%
Price / MA50: +35.30%
Price / MA100: +50.74%
Price / MAexp7: +4.16%
Price / MAexp20: +13.43%
Price / MAexp50: +28.90%
Price / MAexp100: +46.38%

Quotes : - Real time data - Cryptocompare

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

About author

Online

Overall rating :
15496
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis TERRA - LUNA/USDT - Daily