TRUEFI - TRU/USD

- USD (-)

- Real time data - CoinMarketCap

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Change:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	TRUUSD
ISIN:

TRUEFI - TRU/USD - Daily - Technical analysis published on 09/02/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

28%

39%

My opinion

Bearish under 0.074147 USD

My targets

0.057613 USD (-10.36%)

0.052990 USD (-17.55%)

My analysis

The bearish trend is currently very strong for TRUEFI - TRU/USD. As long as the price remains below the resistance at 0.074147 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.057613 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.052990 USD as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

TRUEFI - TRU/USD rating 0.064270 USD. The price registered a decrease of -0.02% on the session with the lowest point at 0.063160 USD and the highest point at 0.066050 USD. The deviation from the price is +1.76% for the low point and -2.69% for the high point.

0.063160

0.066050

0.064270

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

Here is a more detailed summary of the historical variations registered by TRUEFI - TRU/USD:

Technical

A technical analysis in Daily of this TRUEFI - TRU/USD chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.052990	0.064270	0.096230	0.162300	0.211300
Change (%)	-17.55%	-	+49.73%	+152.53%	+228.77%
Change	-0.011280	-	+0.031960	+0.098030	+0.147030
Level	Intermediate	-	Intermediate	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.057223	0.059207	0.061743	0.063727	0.066263	0.068247	0.070783
Camarilla	0.063037	0.063451	0.063866	0.064280	0.064694	0.065109	0.065523
Woodie	0.057500	0.059345	0.062020	0.063865	0.066540	0.068385	0.071060
Fibonacci	0.059207	0.060933	0.062000	0.063727	0.065453	0.066520	0.068247

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.041823	0.051337	0.057613	0.067127	0.073403	0.082917	0.089193
Camarilla	0.059548	0.060995	0.062443	0.063890	0.065337	0.066785	0.068232
Woodie	0.040205	0.050528	0.055995	0.066318	0.071785	0.082108	0.087575
Fibonacci	0.051337	0.057368	0.061095	0.067127	0.073158	0.076885	0.082917

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.007763	0.033617	0.048293	0.074147	0.088823	0.114677	0.129353
Camarilla	0.051824	0.055540	0.059255	0.062970	0.066685	0.070401	0.074116
Woodie	0.002175	0.030823	0.042705	0.071353	0.083235	0.111883	0.123765
Fibonacci	0.033617	0.049099	0.058664	0.074147	0.089629	0.099194	0.114677

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):	41.17
MACD (12,26,9):	-0.0047
Directional Movement:	-2.773968
AROON (14):	-35.714285
DEMA (21):	0.062055
Parabolic SAR (0,02-0,02-0,2):	0.068729
Elder Ray (13):	-0.001071
Super Trend (3,10):	0.081799
Zig ZAG (10):	0.064110
VORTEX (21):	0.8277
Stochastique (14,3,5):	24.18
TEMA (21):	0.059685
Williams %R (14):	-72.92
Chande Momentum Oscillator (20):	-0.001790
Repulse (5,40,3):	-1.0618
ROCnROLL:	2
TRIX (15,9):	-0.9467
Courbe Coppock:	24.05

MA7:	0.063234
MA20:	0.067681
MA50:	0.078446
MA100:	0.076633
MAexp7:	0.063933
MAexp20:	0.068209
MAexp50:	0.074848
MAexp100:	0.088668
Price / MA7:	+1.64%
Price / MA20:	-5.04%
Price / MA50:	-18.07%
Price / MA100:	-16.13%
Price / MAexp7:	+0.53%
Price / MAexp20:	-5.77%
Price / MAexp50:	-14.13%
Price / MAexp100:	-27.52%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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