TERRA - LUNA/USDT - Daily - Technical analysis published on 04/27/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 1.36 USDT
My targets
1.12 USDT (-10.40%)
0.95 USDT (-24.00%)
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 1.36 USDT. The next bearish objective for sellers is set at 1.12 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.95 USDT. If there is any crossing, the next objective would be the support located at 0.71 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by wagnermonis. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TERRA - LUNA/USDT rating is 1.25 USDT. On the day, this instrument gained +1.63% and was traded between 1.23 USDT and 1.26 USDT over the period. The price is currently at +1.63% from its lowest and -0.79% from its highest.1.23
1.26
1.25
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.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of TERRA - LUNA/USDT indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 5 are bullish, 3 are neutral and 10 are bearish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 1.25 | 1.26 | 1.74 | 1.97 |
| Change (%) | - | +0.80% | +39.20% | +57.60% |
| Change | - | +0.01 | +0.49 | +0.72 |
| Level | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.02 | 1.09 | 1.16 | 1.23 | 1.30 | 1.37 | 1.44 |
| Camarilla | 1.19 | 1.20 | 1.22 | 1.23 | 1.24 | 1.26 | 1.27 |
| Woodie | 1.02 | 1.09 | 1.16 | 1.23 | 1.30 | 1.37 | 1.44 |
| Fibonacci | 1.09 | 1.14 | 1.18 | 1.23 | 1.28 | 1.32 | 1.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.87 | 1.02 | 1.14 | 1.29 | 1.41 | 1.56 | 1.68 |
| Camarilla | 1.18 | 1.20 | 1.23 | 1.25 | 1.28 | 1.30 | 1.32 |
| Woodie | 0.85 | 1.01 | 1.12 | 1.28 | 1.39 | 1.55 | 1.66 |
| Fibonacci | 1.02 | 1.13 | 1.19 | 1.29 | 1.40 | 1.46 | 1.56 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.71 | 0.95 | 1.12 | 1.36 | 1.53 | 1.77 | 1.94 |
| Camarilla | 1.18 | 1.22 | 1.25 | 1.29 | 1.33 | 1.37 | 1.40 |
| Woodie | 0.68 | 0.93 | 1.09 | 1.34 | 1.50 | 1.75 | 1.91 |
| Fibonacci | 0.95 | 1.11 | 1.20 | 1.36 | 1.52 | 1.61 | 1.77 |
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): | 43.76 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -1.03 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 1.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.44 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 1.48 | |
| Zig ZAG (10): | 1.26 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 24.47 | |
| TEMA (21): | 1.26 | |
| Williams %R (14): | -70.35 | |
| Chande Momentum Oscillator (20): | -0.15 | |
| Repulse (5,40,3): | 1.8600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2200 | |
| Courbe Coppock: | 17.42 |
| MA7: | 1.24 | |
| MA20: | 1.33 | |
| MA50: | 1.33 | |
| MA100: | 1.63 | |
| MAexp7: | 1.26 | |
| MAexp20: | 1.30 | |
| MAexp50: | 1.38 | |
| MAexp100: | 1.51 | |
| Price / MA7: | +0.81% | |
| Price / MA20: | -6.02% | |
| Price / MA50: | -6.02% | |
| Price / MA100: | -23.31% | |
| Price / MAexp7: | -0.79% | |
| Price / MAexp20: | -3.85% | |
| Price / MAexp50: | -9.42% | |
| Price / MAexp100: | -17.22% |
Quotes :
-
Real time data
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