LUNA Terra: 1D Chart Review
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Terra (LUNAUSD).
The chart is self-explanatory. Terra price has been moving down after forming a Head & Shoulders Pattern and failing the retest. The price is sitting at the multi-month Support and Resistance line. RSI and MFI are around the oversold region so there may be a price move up, but the trend still seems heading down.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI (Money Flow Index), Head and Shoulders Pattern, Ichimoku Cloud.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
The chart is self-explanatory. Terra price has been moving down after forming a Head & Shoulders Pattern and failing the retest. The price is sitting at the multi-month Support and Resistance line. RSI and MFI are around the oversold region so there may be a price move up, but the trend still seems heading down.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI (Money Flow Index), Head and Shoulders Pattern, Ichimoku Cloud.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.