TELLOR - TRB/USD - 1H - Technical analysis published on 07/18/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 20.33 USD
My targets
22.02 USD (+4.06%)
22.88 USD (+8.13%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TELLOR - TRB/USD as long as the price remains well above 20.33 USD. The buyers' bullish objective is set at 22.02 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 22.88 USD. If there is any crossing, the next objective would be the resistance located at 28.70 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
9.1
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Additional analysis
Quotes
The TELLOR - TRB/USD price is 21.16 USD. The price registered an increase of +21.68% on the session and was traded between 17.04 USD and 21.33 USD over the period. The price is currently at +24.18% from its lowest and -0.80% from its highest.17.04
21.33
21.16
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of TELLOR - TRB/USD indicates that the overall trend is strongly bullish. 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.
In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.15 | 16.83 | 17.58 | 21.16 | 22.02 | 28.70 | 36.40 |
| Change (%) | -23.68% | -20.46% | -16.92% | - | +4.06% | +35.63% | +72.02% |
| Change | -5.01 | -4.33 | -3.58 | - | +0.86 | +7.54 | +15.24 |
| Level | Intermediate | Intermediate | Major | - | Minor | Intermediate | Minor |
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 | 14.94 | 15.54 | 16.46 | 17.06 | 17.98 | 18.58 | 19.50 |
| Camarilla | 16.97 | 17.11 | 17.25 | 17.39 | 17.53 | 17.67 | 17.81 |
| Woodie | 15.11 | 15.62 | 16.63 | 17.14 | 18.15 | 18.66 | 19.67 |
| Fibonacci | 15.54 | 16.12 | 16.48 | 17.06 | 17.64 | 18.00 | 18.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.86 | 11.65 | 14.20 | 15.99 | 18.54 | 20.33 | 22.88 |
| Camarilla | 15.56 | 15.95 | 16.35 | 16.75 | 17.15 | 17.55 | 17.94 |
| Woodie | 10.24 | 11.84 | 14.58 | 16.18 | 18.92 | 20.52 | 23.26 |
| Fibonacci | 11.65 | 13.31 | 14.33 | 15.99 | 17.65 | 18.67 | 20.33 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 86.85 | |
| MACD (12,26,9): | 0.7000 | |
| Directional Movement: | 51.27 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 18.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.91 | |
| Elder Ray (13): | 2.11 | |
| Super Trend (3,10): | 19.10 | |
| Zig ZAG (10): | 20.82 | |
| VORTEX (21): | 1.3900 | |
| Stochastique (14,3,5): | 95.66 | |
| TEMA (21): | 19.45 | |
| Williams %R (14): | -3.61 | |
| Chande Momentum Oscillator (20): | 3.35 | |
| Repulse (5,40,3): | 10.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 21.11 |
| MA7: | 17.14 | |
| MA20: | 14.15 | |
| MA50: | 12.72 | |
| MA100: | 13.75 | |
| MAexp7: | 19.30 | |
| MAexp20: | 18.11 | |
| MAexp50: | 17.44 | |
| MAexp100: | 16.95 | |
| Price / MA7: | +23.45% | |
| Price / MA20: | +49.54% | |
| Price / MA50: | +66.35% | |
| Price / MA100: | +53.89% | |
| Price / MAexp7: | +9.64% | |
| Price / MAexp20: | +16.84% | |
| Price / MAexp50: | +21.33% | |
| Price / MAexp100: | +24.84% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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