TELLOR - TRB/USD - 1H - Technical analysis published on 07/15/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 16.82 USD
My targets
17.58 USD (+2.51%)
18.66 USD (+8.79%)
My analysis
The bullish trend is currently very strong on TELLOR - TRB/USD. As long as the price remains above the support at 16.82 USD, you could try to benefit from the boom. The first bullish objective is located at 17.58 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 18.66 USD as an objective. Crossing it would then enable buyers to target 22.02 USD. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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Additional analysis
Quotes
The TELLOR - TRB/USD price is 17.15 USD. On the day, this instrument lost -0.06% and was traded between 16.95 USD and 17.54 USD over the period. The price is currently at +1.18% from its lowest and -2.22% from its highest.16.95
17.54
17.15
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of TELLOR - TRB/USD in 1H 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.05 | 15.57 | 16.82 | 17.15 | 17.58 | 22.02 | 28.70 |
| Change (%) | -18.08% | -9.21% | -1.92% | - | +2.51% | +28.40% | +67.35% |
| Change | -3.10 | -1.58 | -0.33 | - | +0.43 | +4.87 | +11.55 |
| Level | Minor | Major | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.84 | 14.70 | 15.93 | 16.79 | 18.02 | 18.88 | 20.11 |
| Camarilla | 16.59 | 16.78 | 16.97 | 17.16 | 17.35 | 17.54 | 17.74 |
| Woodie | 14.03 | 14.79 | 16.12 | 16.88 | 18.21 | 18.97 | 20.30 |
| Fibonacci | 14.70 | 15.50 | 15.99 | 16.79 | 17.59 | 18.08 | 18.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.40 | 7.69 | 12.03 | 14.32 | 18.66 | 20.95 | 25.29 |
| Camarilla | 14.54 | 15.15 | 15.75 | 16.36 | 16.97 | 17.58 | 18.18 |
| Woodie | 6.42 | 8.20 | 13.05 | 14.83 | 19.68 | 21.46 | 26.31 |
| Fibonacci | 7.69 | 10.23 | 11.79 | 14.32 | 16.86 | 18.42 | 20.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -3.92 | 2.51 | 6.57 | 13.00 | 17.06 | 23.49 | 27.55 |
| Camarilla | 7.75 | 8.71 | 9.67 | 10.63 | 11.59 | 12.55 | 13.52 |
| Woodie | -5.11 | 1.92 | 5.39 | 12.41 | 15.88 | 22.90 | 26.37 |
| Fibonacci | 2.51 | 6.52 | 8.99 | 13.00 | 17.01 | 19.48 | 23.49 |
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): | 57.91 | |
| MACD (12,26,9): | 0.4000 | |
| Directional Movement: | 19.74 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 17.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.59 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 16.31 | |
| Zig ZAG (10): | 16.96 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 74.30 | |
| TEMA (21): | 17.43 | |
| Williams %R (14): | -41.61 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | -2.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3800 | |
| Courbe Coppock: | 14.04 |
| MA7: | 15.79 | |
| MA20: | 13.08 | |
| MA50: | 12.19 | |
| MA100: | 13.89 | |
| MAexp7: | 17.18 | |
| MAexp20: | 16.84 | |
| MAexp50: | 16.16 | |
| MAexp100: | 15.57 | |
| Price / MA7: | +8.61% | |
| Price / MA20: | +31.12% | |
| Price / MA50: | +40.69% | |
| Price / MA100: | +23.47% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | +1.84% | |
| Price / MAexp50: | +6.13% | |
| Price / MAexp100: | +10.15% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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