TRON - TRX/USD - 1H - Technical analysis published on 06/18/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Neutral
Technical indicators
50%
22%
28%
My opinion
Neutral between 0.015922 USD and 0.016367 USD
My targets
-
My analysis
There is no clear trend on TRON - TRX/USD either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 0.016367 USD. The first support is located at 0.015922 USD.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TRON - TRX/USD price is 0.016086 USD. The price registered a decrease of -0.50% on the session with the lowest point at 0.015957 USD and the highest point at 0.016460 USD. The deviation from the price is +0.81% for the low point and -2.27% for the high point.0.015957
0.016460
0.016086
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of TRON - TRX/USD indicates that the overall trend is not clearly defined. This indecision is confirmed by the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 9 are bullish, 5 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.015135 | 0.015565 | 0.015922 | 0.016086 | 0.016367 | 0.016769 | 0.017305 |
Change (%) | -5.91% | -3.24% | -1.02% | - | +1.75% | +4.25% | +7.58% |
Change | -0.000951 | -0.000521 | -0.000164 | - | +0.000281 | +0.000683 | +0.001219 |
Level | Intermediate | Minor | Major | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.015059 | 0.015410 | 0.015788 | 0.016139 | 0.016517 | 0.016868 | 0.017246 |
Camarilla | 0.015966 | 0.016032 | 0.016099 | 0.016166 | 0.016233 | 0.016300 | 0.016367 |
Woodie | 0.015073 | 0.015417 | 0.015802 | 0.016146 | 0.016531 | 0.016875 | 0.017260 |
Fibonacci | 0.015410 | 0.015689 | 0.015861 | 0.016139 | 0.016418 | 0.016590 | 0.016868 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.011481 | 0.013308 | 0.014988 | 0.016815 | 0.018495 | 0.020322 | 0.022002 |
Camarilla | 0.015704 | 0.016025 | 0.016347 | 0.016668 | 0.016990 | 0.017311 | 0.017632 |
Woodie | 0.011408 | 0.013271 | 0.014915 | 0.016778 | 0.018422 | 0.020285 | 0.021929 |
Fibonacci | 0.013308 | 0.014648 | 0.015475 | 0.016815 | 0.018155 | 0.018982 | 0.020322 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.008763 | 0.010743 | 0.013265 | 0.015245 | 0.017767 | 0.019747 | 0.022269 |
Camarilla | 0.014550 | 0.014963 | 0.015375 | 0.015788 | 0.016201 | 0.016613 | 0.017026 |
Woodie | 0.009035 | 0.010879 | 0.013537 | 0.015381 | 0.018039 | 0.019883 | 0.022541 |
Fibonacci | 0.010743 | 0.012462 | 0.013525 | 0.015245 | 0.016964 | 0.018027 | 0.019747 |
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): | 55.15 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | 0.707975 | |
AROON (14): | -71.428573 | |
DEMA (21): | 0.016083 | |
Parabolic SAR (0,02-0,02-0,2): | 0.015911 | |
Elder Ray (13): | 0.000061 | |
Super Trend (3,10): | 0.015855 | |
Zig ZAG (10): | 0.016116 | |
VORTEX (21): | 1.0244 | |
Stochastique (14,3,5): | 33.60 | |
TEMA (21): | 0.016070 | |
Williams %R (14): | -66.40 | |
Chande Momentum Oscillator (20): | -0.000088 | |
Repulse (5,40,3): | -0.0246 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0145 | |
Courbe Coppock: | 0.50 |
MA7: | 0.016253 | |
MA20: | 0.016701 | |
MA50: | 0.015800 | |
MA100: | 0.014023 | |
MAexp7: | 0.016117 | |
MAexp20: | 0.016107 | |
MAexp50: | 0.016107 | |
MAexp100: | 0.016158 | |
Price / MA7: | -1.03% | |
Price / MA20: | -3.68% | |
Price / MA50: | +1.81% | |
Price / MA100: | +14.71% | |
Price / MAexp7: | -0.19% | |
Price / MAexp20: | -0.13% | |
Price / MAexp50: | -0.13% | |
Price / MAexp100: | -0.45% |
Quotes :
2020-06-18 13:06:29
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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.
About author
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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