TRUEFI - TRU/USD - 1H - Technical analysis published on 04/27/2023 (GMT)
- 225
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 0.063653 USD
My targets
0.058100 USD (-4.44%)
0.056410 USD (-7.22%)
My analysis
There is a bearish trend on TRUEFI - TRU/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.063653 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.058100 USD. Then the price could move towards 0.056410 USD. Then 0.053505 USD by extension. Be careful, a return to above the resistance 0.063653 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.9
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 0.060800 USD. The price is lower by -0.49% since the last closing and was between 0.060510 USD and 0.062390 USD. This implies that the price is at +0.48% from its lowest and at -2.55% from its highest.0.060510
0.062390
0.060800
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this TRUEFI - TRU/USD chart shows a bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.056410 | 0.058100 | 0.060700 | 0.060800 | 0.063653 | 0.068900 | 0.071300 |
| Change (%) | -7.22% | -4.44% | -0.16% | - | +4.69% | +13.32% | +17.27% |
| Change | -0.004390 | -0.002700 | -0.000100 | - | +0.002853 | +0.008100 | +0.010500 |
| Level | Minor | Major | Minor | - | Major | Major | Minor |
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 | 0.049950 | 0.053180 | 0.057140 | 0.060370 | 0.064330 | 0.067560 | 0.071520 |
| Camarilla | 0.059123 | 0.059782 | 0.060441 | 0.061100 | 0.061759 | 0.062418 | 0.063077 |
| Woodie | 0.050315 | 0.053363 | 0.057505 | 0.060553 | 0.064695 | 0.067743 | 0.071885 |
| Fibonacci | 0.053180 | 0.055927 | 0.057623 | 0.060370 | 0.063117 | 0.064813 | 0.067560 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.033600 | 0.046460 | 0.054980 | 0.067840 | 0.076360 | 0.089220 | 0.097740 |
| Camarilla | 0.057621 | 0.059580 | 0.061540 | 0.063500 | 0.065460 | 0.067420 | 0.069380 |
| Woodie | 0.031430 | 0.045375 | 0.052810 | 0.066755 | 0.074190 | 0.088135 | 0.095570 |
| Fibonacci | 0.046460 | 0.054627 | 0.059673 | 0.067840 | 0.076007 | 0.081053 | 0.089220 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.021850 | 0.025880 | 0.052040 | 0.099770 | 0.125930 | 0.173660 | 0.199820 |
| Camarilla | 0.057880 | 0.064654 | 0.071427 | 0.078200 | 0.084973 | 0.091747 | 0.098520 |
| Woodie | -0.032635 | 0.020488 | 0.041255 | 0.094378 | 0.115145 | 0.168268 | 0.189035 |
| Fibonacci | 0.025880 | 0.054106 | 0.071544 | 0.099770 | 0.127996 | 0.145434 | 0.173660 |
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): | 47.36 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -2.191086 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.061205 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.062390 | |
| Elder Ray (13): | -0.000445 | |
| Super Trend (3,10): | 0.057659 | |
| Zig ZAG (10): | 0.060700 | |
| VORTEX (21): | 0.8849 | |
| Stochastique (14,3,5): | 66.99 | |
| TEMA (21): | 0.060856 | |
| Williams %R (14): | -40.33 | |
| Chande Momentum Oscillator (20): | -0.001000 | |
| Repulse (5,40,3): | 0.6019 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0196 | |
| Courbe Coppock: | 4.32 |
| MA7: | 0.061386 | |
| MA20: | 0.069129 | |
| MA50: | 0.079902 | |
| MA100: | 0.067269 | |
| MAexp7: | 0.061045 | |
| MAexp20: | 0.061288 | |
| MAexp50: | 0.061113 | |
| MAexp100: | 0.061652 | |
| Price / MA7: | -0.95% | |
| Price / MA20: | -12.05% | |
| Price / MA50: | -23.91% | |
| Price / MA100: | -9.62% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | -0.80% | |
| Price / MAexp50: | -0.51% | |
| Price / MAexp100: | -1.38% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis TRUEFI - TRU/USD - 1H