TRON - TRX/USD - 15 min. - Technical analysis published on 03/16/2023 (GMT)
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- Timeframe : 15 min.
- - 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:
Slightly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 0.063609 USD
My targets
0.065929 USD (+0.18%)
0.067877 USD (+3.14%)
My analysis
TRON - TRX/USD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.063609 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.065929 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.067877 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.070197 USD. Beware of a possible return to under the support located at 0.063609 USD which would be the sign of a correction of the bullish excesses registered in the short term.
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
3.9
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TRON - TRX/USD rating is 0.065810 USD. The price has increased by +0.38% since the last closing and was between 0.064971 USD and 0.066174 USD. This implies that the price is at +1.29% from its lowest and at -0.55% from its highest.0.064971
0.066174
0.065810
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of TRON - TRX/USD in 15 min. shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.056905 | 0.058926 | 0.064356 | 0.065810 | 0.066338 | 0.067453 | 0.069311 |
| Change (%) | -13.53% | -10.46% | -2.21% | - | +0.80% | +2.50% | +5.32% |
| Change | -0.008905 | -0.006884 | -0.001454 | - | +0.000528 | +0.001643 | +0.003501 |
| Level | Minor | Intermediate | Major | - | Minor | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.059341 | 0.061661 | 0.063609 | 0.065929 | 0.067877 | 0.070197 | 0.072145 |
| Camarilla | 0.064384 | 0.064776 | 0.065167 | 0.065558 | 0.065949 | 0.066341 | 0.066732 |
| Woodie | 0.059156 | 0.061568 | 0.063424 | 0.065836 | 0.067692 | 0.070104 | 0.071960 |
| Fibonacci | 0.061661 | 0.063291 | 0.064298 | 0.065929 | 0.067559 | 0.068566 | 0.070197 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040405 | 0.047659 | 0.053428 | 0.060682 | 0.066451 | 0.073705 | 0.079474 |
| Camarilla | 0.055616 | 0.056810 | 0.058003 | 0.059197 | 0.060391 | 0.061585 | 0.062778 |
| Woodie | 0.039663 | 0.047288 | 0.052686 | 0.060311 | 0.065709 | 0.073334 | 0.078732 |
| Fibonacci | 0.047659 | 0.052634 | 0.055707 | 0.060682 | 0.065657 | 0.068730 | 0.073705 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.050816 | 0.056080 | 0.062502 | 0.067766 | 0.074188 | 0.079452 | 0.085874 |
| Camarilla | 0.065710 | 0.066782 | 0.067853 | 0.068924 | 0.069995 | 0.071066 | 0.072138 |
| Woodie | 0.051395 | 0.056370 | 0.063081 | 0.068056 | 0.074767 | 0.079742 | 0.086453 |
| Fibonacci | 0.056080 | 0.060544 | 0.063302 | 0.067766 | 0.072230 | 0.074988 | 0.079452 |
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): | 51.88 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -2.173052 | |
| AROON (14): | -64.285715 | |
| DEMA (21): | 0.065843 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.064971 | |
| Elder Ray (13): | 0.000034 | |
| Super Trend (3,10): | 0.066742 | |
| Zig ZAG (10): | 0.065699 | |
| VORTEX (21): | 1.0345 | |
| Stochastique (14,3,5): | 71.65 | |
| TEMA (21): | 0.065804 | |
| Williams %R (14): | -27.60 | |
| Chande Momentum Oscillator (20): | -0.000135 | |
| Repulse (5,40,3): | 0.4846 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0230 | |
| Courbe Coppock: | 0.19 |
| MA7: | 0.063905 | |
| MA20: | 0.066058 | |
| MA50: | 0.065922 | |
| MA100: | 0.061107 | |
| MAexp7: | 0.065809 | |
| MAexp20: | 0.065706 | |
| MAexp50: | 0.065651 | |
| MAexp100: | 0.065882 | |
| Price / MA7: | +2.98% | |
| Price / MA20: | -0.38% | |
| Price / MA50: | -0.17% | |
| Price / MA100: | +7.70% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.16% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | -0.11% |
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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