TRUEFI - TRU/USD - 1H - Technical analysis published on 07/15/2024 (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 0.134553 USD
My targets
0.138961 USD (+1.58%)
0.154626 USD (+13.03%)
My analysis
The bullish trend is currently very strong on TRUEFI - TRU/USD. As long as the price remains above the support at 0.134553 USD, you could try to benefit from the boom. The first bullish objective is located at 0.138961 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.154626 USD as an objective. Crossing it would then enable buyers to target 0.174996 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
9.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TRUEFI - TRU/USD rating 0.136806 USD. On the day, this instrument gained +6.14% and was traded between 0.128311 USD and 0.137284 USD over the period. The price is currently at +6.62% from its lowest and -0.35% from its highest.0.128311
0.137284
0.136806
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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:
Technical
A technical analysis in 1H of this TRUEFI - TRU/USD chart shows a strongly 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.126300 | 0.130424 | 0.134553 | 0.136806 | 0.174996 | 0.210847 | 0.229293 |
| Change (%) | -7.68% | -4.67% | -1.65% | - | +27.92% | +54.12% | +67.60% |
| Change | -0.010506 | -0.006382 | -0.002253 | - | +0.038190 | +0.074041 | +0.092487 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.111226 | 0.116639 | 0.122768 | 0.128181 | 0.134310 | 0.139723 | 0.145852 |
| Camarilla | 0.125723 | 0.126781 | 0.127839 | 0.128897 | 0.129955 | 0.131013 | 0.132071 |
| Woodie | 0.111584 | 0.116818 | 0.123126 | 0.128360 | 0.134668 | 0.139902 | 0.146210 |
| Fibonacci | 0.116639 | 0.121048 | 0.123772 | 0.128181 | 0.132590 | 0.135314 | 0.139723 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.067487 | 0.083152 | 0.103224 | 0.118889 | 0.138961 | 0.154626 | 0.174698 |
| Camarilla | 0.113469 | 0.116745 | 0.120021 | 0.123297 | 0.126573 | 0.129849 | 0.133125 |
| Woodie | 0.069692 | 0.084254 | 0.105429 | 0.119991 | 0.141166 | 0.155728 | 0.176903 |
| Fibonacci | 0.083152 | 0.096803 | 0.105237 | 0.118889 | 0.132540 | 0.140974 | 0.154626 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.046881 | 0.035261 | 0.079735 | 0.161877 | 0.206351 | 0.288493 | 0.332967 |
| Camarilla | 0.089390 | 0.100996 | 0.112603 | 0.124209 | 0.135816 | 0.147422 | 0.159028 |
| Woodie | -0.065715 | 0.025844 | 0.060901 | 0.152460 | 0.187517 | 0.279076 | 0.314133 |
| Fibonacci | 0.035261 | 0.083628 | 0.113510 | 0.161877 | 0.210244 | 0.240126 | 0.288493 |
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): | 65.27 | |
| MACD (12,26,9): | 0.0016 | |
| Directional Movement: | 22.330208 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.132011 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.127120 | |
| Elder Ray (13): | 0.003093 | |
| Super Trend (3,10): | 0.126594 | |
| Zig ZAG (10): | 0.135787 | |
| VORTEX (21): | 1.1131 | |
| Stochastique (14,3,5): | 79.22 | |
| TEMA (21): | 0.132933 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.009383 | |
| Repulse (5,40,3): | 5.0399 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1230 | |
| Courbe Coppock: | 6.75 |
| MA7: | 0.123116 | |
| MA20: | 0.120535 | |
| MA50: | 0.156009 | |
| MA100: | 0.138190 | |
| MAexp7: | 0.132421 | |
| MAexp20: | 0.130086 | |
| MAexp50: | 0.127805 | |
| MAexp100: | 0.124528 | |
| Price / MA7: | +11.12% | |
| Price / MA20: | +13.50% | |
| Price / MA50: | -12.31% | |
| Price / MA100: | -1.00% | |
| Price / MAexp7: | +3.31% | |
| Price / MAexp20: | +5.17% | |
| Price / MAexp50: | +7.04% | |
| Price / MAexp100: | +9.86% |
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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