TERRA CLASSIC - LUNA/USD

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	LUNAUSD
ISIN:

TERRA CLASSIC - LUNA/USD - Daily - Technical analysis published on 04/03/2022 (GMT)

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Timeframe : Daily
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TERRA CLASSIC - LUNA/USD Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 99.78 USD

My targets

117.80 USD (+5.20%)

132.58 USD (+18.40%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TERRA - LUNA/USD as long as the price remains well above 99.78 USD. The buyers' bullish objective is set at 117.80 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 132.58 USD. If there is any crossing, the next objective would be the resistance located at 153.65 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.4

Comment on the analysis

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 baltbach.

Additional analysis

Quotes

The TERRA - LUNA/USD rating is 111.98 USD. On the day, this instrument lost -2.79% with the lowest point at 111.92 USD and the highest point at 118.10 USD. The deviation from the price is +0.05% for the low point and -5.18% for the high point.

111.92

118.10

111.98

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.

Bullish opening

Type : Bullish

Timeframe : Openning

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TERRA - LUNA/USD:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of TERRA - LUNA/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	75.27	90.42	99.78	111.98
Change (%)	-32.78%	-19.25%	-10.89%	-
Change	-36.71	-21.56	-12.20	-
Level	Minor	Major	Major	-

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	96.56	101.11	108.15	112.70	119.74	124.29	131.33
Camarilla	112.00	113.07	114.13	115.19	116.25	117.32	118.38
Woodie	97.81	101.73	109.40	113.32	120.99	124.91	132.58
Fibonacci	101.11	105.54	108.27	112.70	117.13	119.86	124.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	69.78	79.68	97.44	107.34	125.10	135.00	152.76
Camarilla	107.58	110.12	112.66	115.19	117.73	120.26	122.80
Woodie	73.70	81.65	101.36	109.31	129.02	136.97	156.68
Fibonacci	79.68	90.25	96.78	107.34	117.91	124.44	135.00

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	46.10	60.88	81.95	96.73	117.80	132.58	153.65
Camarilla	93.16	96.45	99.73	103.02	106.31	109.59	112.88
Woodie	49.25	62.45	85.10	98.30	120.95	134.15	156.80
Fibonacci	60.88	74.58	83.04	96.73	110.43	118.89	132.58

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	67.22
MACD (12,26,9):	7.3600
Directional Movement:	20.32
AROON (14):	64.29
DEMA (21):	108.24
Parabolic SAR (0,02-0,02-0,2):	92.72
Elder Ray (13):	12.78
Super Trend (3,10):	92.93
Zig ZAG (10):	113.70
VORTEX (21):	1.2000
Stochastique (14,3,5):	84.77
TEMA (21):	110.19
Williams %R (14):	-14.39
Chande Momentum Oscillator (20):	20.81
Repulse (5,40,3):	6.0800
ROCnROLL:	1
TRIX (15,9):	1.0000
Courbe Coppock:	34.78

MA7:	107.15
MA20:	96.96
MA50:	82.93
MA100:	76.57
MAexp7:	107.32
MAexp20:	98.87
MAexp50:	87.57
MAexp100:	77.69
Price / MA7:	+4.51%
Price / MA20:	+15.49%
Price / MA50:	+35.03%
Price / MA100:	+46.25%
Price / MAexp7:	+4.34%
Price / MAexp20:	+13.26%
Price / MAexp50:	+27.87%
Price / MAexp100:	+44.14%

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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