TRON - TRX/USD - 1H - Technical analysis published on 07/30/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
39%
28%
33%
My opinion
Bearish under 0.019387 USD
My targets
0.018515 USD (-2.55%)
0.017898 USD (-5.80%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for TRON - TRX/USD as long as the price remains well below 0.019387 USD. The sellers” bearish objective is set at 0.018515 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.017898 USD. If there is any crossing, the next objective would be the support located at 0.017481 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
0.7
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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 rating is 0.019000 USD. The price registered a decrease of -1.18% on the session and was traded between 0.018700 USD and 0.019247 USD over the period. The price is currently at +1.60% from its lowest and -1.28% from its highest.0.018700
0.019247
0.019000
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in 1H of this TRON - TRX/USD chart shows a neutral trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
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 engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.017481 | 0.017898 | 0.018515 | 0.019000 | 0.019092 | 0.019387 | 0.019653 |
| Change (%) | -7.99% | -5.80% | -2.55% | - | +0.48% | +2.04% | +3.44% |
| Change | -0.001519 | -0.001102 | -0.000485 | - | +0.000092 | +0.000387 | +0.000653 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | 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 | 0.017610 | 0.018249 | 0.018738 | 0.019377 | 0.019866 | 0.020505 | 0.020994 |
| Camarilla | 0.018916 | 0.019019 | 0.019123 | 0.019226 | 0.019329 | 0.019433 | 0.019536 |
| Woodie | 0.017534 | 0.018212 | 0.018662 | 0.019340 | 0.019790 | 0.020468 | 0.020918 |
| Fibonacci | 0.018249 | 0.018680 | 0.018946 | 0.019377 | 0.019808 | 0.020074 | 0.020505 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015588 | 0.016257 | 0.017549 | 0.018218 | 0.019510 | 0.020179 | 0.021471 |
| Camarilla | 0.018302 | 0.018482 | 0.018661 | 0.018841 | 0.019021 | 0.019201 | 0.019380 |
| Woodie | 0.015900 | 0.016413 | 0.017861 | 0.018374 | 0.019822 | 0.020335 | 0.021783 |
| Fibonacci | 0.016257 | 0.017006 | 0.017469 | 0.018218 | 0.018967 | 0.019430 | 0.020179 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010732 | 0.012792 | 0.014571 | 0.016631 | 0.018410 | 0.020470 | 0.022249 |
| Camarilla | 0.015295 | 0.015647 | 0.015999 | 0.016351 | 0.016703 | 0.017055 | 0.017407 |
| Woodie | 0.010593 | 0.012722 | 0.014432 | 0.016561 | 0.018271 | 0.020400 | 0.022110 |
| Fibonacci | 0.012792 | 0.014258 | 0.015164 | 0.016631 | 0.018097 | 0.019003 | 0.020470 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.30 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -12.279324 | |
| AROON (14): | -85.714283 | |
| DEMA (21): | 0.018958 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.019179 | |
| Elder Ray (13): | -0.000032 | |
| Super Trend (3,10): | 0.018645 | |
| Zig ZAG (10): | 0.018982 | |
| VORTEX (21): | 0.9434 | |
| Stochastique (14,3,5): | 44.35 | |
| TEMA (21): | 0.018856 | |
| Williams %R (14): | -48.81 | |
| Chande Momentum Oscillator (20): | -0.000015 | |
| Repulse (5,40,3): | 0.4375 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0727 | |
| Courbe Coppock: | 3.01 |
| MA7: | 0.018769 | |
| MA20: | 0.018031 | |
| MA50: | 0.017107 | |
| MA100: | 0.016308 | |
| MAexp7: | 0.018964 | |
| MAexp20: | 0.019077 | |
| MAexp50: | 0.019113 | |
| MAexp100: | 0.018948 | |
| Price / MA7: | +1.23% | |
| Price / MA20: | +5.37% | |
| Price / MA50: | +11.07% | |
| Price / MA100: | +16.51% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | -0.59% | |
| Price / MAexp100: | +0.27% |
Quotes :
2020-07-30 15:16:32
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Real time data
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