TRON - TRX/USDT - 1H - Technical analysis published on 07/12/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bullish
Technical indicators
28%
50%
22%
My opinion
Neutral between 0.017856 USDT and 0.018660 USDT
My targets
-
My analysis
The short-term decline on TRON - TRX/USDT remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 0.017856 USDT. The first resistance is located at 0.018660 USDT. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TRON - TRX/USDT price is 0.018210 USDT. On the day, this instrument lost -0.66% and was between 0.018090 USDT and 0.018490 USDT. This implies that the price is at +0.66% from its lowest and at -1.51% from its highest.0.018090
0.018490
0.018210
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of TRON - TRX/USDT indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
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 | 0.017286 | 0.017856 | 0.018156 | 0.018210 | 0.018660 | 0.019120 | 0.019780 |
| Change (%) | -5.07% | -1.94% | -0.30% | - | +2.47% | +5.00% | +8.62% |
| Change | -0.000924 | -0.000354 | -0.000054 | - | +0.000450 | +0.000910 | +0.001570 |
| Level | Minor | Minor | Intermediate | - | Minor | 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 | 0.017273 | 0.017697 | 0.018013 | 0.018437 | 0.018753 | 0.019177 | 0.019493 |
| Camarilla | 0.018127 | 0.018194 | 0.018262 | 0.018330 | 0.018398 | 0.018466 | 0.018534 |
| Woodie | 0.017220 | 0.017670 | 0.017960 | 0.018410 | 0.018700 | 0.019150 | 0.019440 |
| Fibonacci | 0.017697 | 0.017979 | 0.018154 | 0.018437 | 0.018719 | 0.018894 | 0.019177 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013943 | 0.015137 | 0.016733 | 0.017927 | 0.019523 | 0.020717 | 0.022313 |
| Camarilla | 0.017563 | 0.017819 | 0.018074 | 0.018330 | 0.018586 | 0.018842 | 0.019097 |
| Woodie | 0.014145 | 0.015238 | 0.016935 | 0.018028 | 0.019725 | 0.020818 | 0.022515 |
| Fibonacci | 0.015137 | 0.016202 | 0.016861 | 0.017927 | 0.018992 | 0.019651 | 0.020717 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011073 | 0.013007 | 0.014683 | 0.016617 | 0.018293 | 0.020227 | 0.021903 |
| Camarilla | 0.015367 | 0.015698 | 0.016029 | 0.016360 | 0.016691 | 0.017022 | 0.017353 |
| Woodie | 0.010945 | 0.012943 | 0.014555 | 0.016553 | 0.018165 | 0.020163 | 0.021775 |
| Fibonacci | 0.013007 | 0.014386 | 0.015238 | 0.016617 | 0.017996 | 0.018848 | 0.020227 |
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): | 43.30 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -7.870588 | |
| AROON (14): | -78.571428 | |
| DEMA (21): | 0.018247 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.018737 | |
| Elder Ray (13): | -0.000106 | |
| Super Trend (3,10): | 0.018142 | |
| Zig ZAG (10): | 0.018200 | |
| VORTEX (21): | 0.8825 | |
| Stochastique (14,3,5): | 16.89 | |
| TEMA (21): | 0.018206 | |
| Williams %R (14): | -65.00 | |
| Chande Momentum Oscillator (20): | -0.000190 | |
| Repulse (5,40,3): | 0.2247 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0110 | |
| Courbe Coppock: | 1.08 |
| MA7: | 0.018029 | |
| MA20: | 0.016901 | |
| MA50: | 0.016482 | |
| MA100: | 0.015373 | |
| MAexp7: | 0.018223 | |
| MAexp20: | 0.018277 | |
| MAexp50: | 0.018268 | |
| MAexp100: | 0.018123 | |
| Price / MA7: | +1.00% | |
| Price / MA20: | +7.75% | |
| Price / MA50: | +10.48% | |
| Price / MA100: | +18.45% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.37% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | +0.48% |
Quotes :
2020-07-12 13:09:54
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Real time data
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Cryptocompare
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