TerraUSD Came Into Today Up 0%

The Hourly View for TerraUSD

  • At the time of this writing, UST’s price is down $0 (-0.1%) from the hour prior.
  • It’s been a feast for bears operating on an hourly timeframe, as TerraUSD has now gone down 4 of the past 5 hours.
  • Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
  • Regarding moving averages, it should first be noted that price has crossed the 20 hour moving average, resulting in them with price now being below it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

TerraUSD’s hourly price chart is shown below.

UST

The Daily View for TerraUSD

  • At the time of this writing, UST’s price is down $0 (0%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
  • Divergence between UST’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in UST’s price.

Below is a daily price chart of TerraUSD.

UST

Featured TerraUSD Commentary From Twitter

On the radar:
-FOMC!!! (taper time?)
-all the PMIs for Oct
-other CBs: RBA, BoE, NB

Markets: UST 10yr yield pulled back from resistance (now at support), USD all over the place (indecisive), crude consolidating around the highs, gold still a range-trade, stocks POLR = higher…NA

Callum_Thomas