TRON - TRX/USDT - 1H - Technical analysis published on 12/15/2022 (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
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 0.055223 USDT
My targets
0.057480 USDT (+3.40%)
0.059363 USDT (+6.79%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.055223 USDT remains possible. It is advisable to trade TRON - TRX/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.055223 USDT. The next bullish objective for buyers is set at 0.057480 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.059363 USDT. If there is any crossing, the next objective would be the resistance located at 0.064151 USDT. PS: if there is a bearish break in the support located at 0.055223 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.5
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Additional analysis
Quotes
The TRON - TRX/USDT rating is 0.055590 USDT. The price has increased by +0.00% since the last closing and was between 0.055130 USDT and 0.056090 USDT. This implies that the price is at +0.83% from its lowest and at -0.89% from its highest.0.055130
0.056090
0.055590
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
Here is a more detailed summary of the historical variations registered by TRON - TRX/USDT:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this TRON - TRX/USDT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.053730 | 0.054561 | 0.055223 | 0.055590 | 0.057480 | 0.064151 | 0.070450 |
| Change (%) | -3.35% | -1.85% | -0.66% | - | +3.40% | +15.40% | +26.73% |
| Change | -0.001860 | -0.001029 | -0.000367 | - | +0.001890 | +0.008561 | +0.014860 |
| Level | Minor | Intermediate | Major | - | Minor | Major | Intermediate |
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 | 0.051203 | 0.052837 | 0.054213 | 0.055847 | 0.057223 | 0.058857 | 0.060233 |
| Camarilla | 0.054762 | 0.055038 | 0.055314 | 0.055590 | 0.055866 | 0.056142 | 0.056418 |
| Woodie | 0.051075 | 0.052773 | 0.054085 | 0.055783 | 0.057095 | 0.058793 | 0.060105 |
| Fibonacci | 0.052837 | 0.053987 | 0.054697 | 0.055847 | 0.056997 | 0.057707 | 0.058857 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.049733 | 0.051077 | 0.052943 | 0.054287 | 0.056153 | 0.057497 | 0.059363 |
| Camarilla | 0.053927 | 0.054222 | 0.054516 | 0.054810 | 0.055104 | 0.055399 | 0.055693 |
| Woodie | 0.049995 | 0.051208 | 0.053205 | 0.054418 | 0.056415 | 0.057628 | 0.059625 |
| Fibonacci | 0.051077 | 0.052303 | 0.053060 | 0.054287 | 0.055513 | 0.056270 | 0.057497 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.024323 | 0.034797 | 0.044703 | 0.055177 | 0.065083 | 0.075557 | 0.085463 |
| Camarilla | 0.049006 | 0.050874 | 0.052742 | 0.054610 | 0.056478 | 0.058346 | 0.060215 |
| Woodie | 0.024040 | 0.034655 | 0.044420 | 0.055035 | 0.064800 | 0.075415 | 0.085180 |
| Fibonacci | 0.034797 | 0.042582 | 0.047392 | 0.055177 | 0.062962 | 0.067772 | 0.075557 |
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): | 51.19 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 1.216746 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.056041 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.056319 | |
| Elder Ray (13): | -0.000138 | |
| Super Trend (3,10): | 0.056564 | |
| Zig ZAG (10): | 0.055660 | |
| VORTEX (21): | 1.0874 | |
| Stochastique (14,3,5): | 28.52 | |
| TEMA (21): | 0.055858 | |
| Williams %R (14): | -68.82 | |
| Chande Momentum Oscillator (20): | -0.000590 | |
| Repulse (5,40,3): | -0.3126 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0790 | |
| Courbe Coppock: | 2.10 |
| MA7: | 0.054669 | |
| MA20: | 0.053973 | |
| MA50: | 0.055628 | |
| MA100: | 0.058613 | |
| MAexp7: | 0.055764 | |
| MAexp20: | 0.055733 | |
| MAexp50: | 0.055212 | |
| MAexp100: | 0.054757 | |
| Price / MA7: | +1.68% | |
| Price / MA20: | +3.00% | |
| Price / MA50: | -0.07% | |
| Price / MA100: | -5.16% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | +0.70% | |
| Price / MAexp100: | +1.54% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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