TRUEFI - TRU/USD - 1H - Technical analysis published on 07/17/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.085820 USD
My targets
0.092090 USD (+5.43%)
0.096250 USD (+10.19%)
My analysis
The bullish trend is currently very strong on TRUEFI - TRU/USD. As long as the price remains above the support at 0.085820 USD, you could try to benefit from the boom. The first bullish objective is located at 0.092090 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.096250 USD as an objective. Crossing it would then enable buyers to target 0.103000 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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Additional analysis
Quotes
The TRUEFI - TRU/USD rating is 0.087350 USD. The price is lower by -0.03% since the last closing and was between 0.086530 USD and 0.088930 USD. This implies that the price is at +0.95% from its lowest and at -1.78% from its highest.0.086530
0.088930
0.087350
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TRUEFI - TRU/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of TRUEFI - TRU/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% 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 high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.077554 | 0.081712 | 0.085820 | 0.087350 | 0.092090 | 0.096250 | 0.103000 |
| Change (%) | -11.21% | -6.45% | -1.75% | - | +5.43% | +10.19% | +17.92% |
| Change | -0.009796 | -0.005638 | -0.001530 | - | +0.004740 | +0.008900 | +0.015650 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.077350 | 0.079860 | 0.083620 | 0.086130 | 0.089890 | 0.092400 | 0.096160 |
| Camarilla | 0.085656 | 0.086231 | 0.086805 | 0.087380 | 0.087955 | 0.088530 | 0.089104 |
| Woodie | 0.077975 | 0.080173 | 0.084245 | 0.086443 | 0.090515 | 0.092713 | 0.096785 |
| Fibonacci | 0.079860 | 0.082255 | 0.083735 | 0.086130 | 0.088525 | 0.090005 | 0.092400 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.039787 | 0.054713 | 0.071047 | 0.085973 | 0.102307 | 0.117233 | 0.133567 |
| Camarilla | 0.078784 | 0.081649 | 0.084515 | 0.087380 | 0.090246 | 0.093111 | 0.095977 |
| Woodie | 0.040490 | 0.055065 | 0.071750 | 0.086325 | 0.103010 | 0.117585 | 0.134270 |
| Fibonacci | 0.054713 | 0.066655 | 0.074032 | 0.085973 | 0.097915 | 0.105292 | 0.117233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.026047 | 0.011017 | 0.037573 | 0.074637 | 0.101193 | 0.138257 | 0.164813 |
| Camarilla | 0.046635 | 0.052466 | 0.058298 | 0.064130 | 0.069962 | 0.075794 | 0.081626 |
| Woodie | -0.031300 | 0.008390 | 0.032320 | 0.072010 | 0.095940 | 0.135630 | 0.159560 |
| Fibonacci | 0.011017 | 0.035320 | 0.050334 | 0.074637 | 0.098940 | 0.113954 | 0.138257 |
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): | 60.92 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 18.804807 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.086907 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.085542 | |
| Elder Ray (13): | 0.001224 | |
| Super Trend (3,10): | 0.084095 | |
| Zig ZAG (10): | 0.087950 | |
| VORTEX (21): | 1.1867 | |
| Stochastique (14,3,5): | 76.85 | |
| TEMA (21): | 0.087568 | |
| Williams %R (14): | -17.51 | |
| Chande Momentum Oscillator (20): | 0.002780 | |
| Repulse (5,40,3): | 0.8416 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0223 | |
| Courbe Coppock: | 5.96 |
| MA7: | 0.082937 | |
| MA20: | 0.074601 | |
| MA50: | 0.074873 | |
| MA100: | 0.111094 | |
| MAexp7: | 0.087333 | |
| MAexp20: | 0.086251 | |
| MAexp50: | 0.085800 | |
| MAexp100: | 0.083987 | |
| Price / MA7: | +5.32% | |
| Price / MA20: | +17.09% | |
| Price / MA50: | +16.66% | |
| Price / MA100: | -21.37% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +1.27% | |
| Price / MAexp50: | +1.81% | |
| Price / MAexp100: | +4.00% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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