TRON - TRX/USDT
TRON - TRX/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: TRXUSDT
ISIN:

TRON - TRX/USDT - 15 min. - Technical analysis published on 11/12/2023 (GMT)

  • 234
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.107265 USDT
My targets
0.109672 USDT (+1.68%)
0.111336 USDT (+3.23%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TRON - TRX/USDT as long as the price remains well above 0.107265 USDT. The buyers' bullish objective is set at 0.109672 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.111336 USDT. If there is any crossing, the next objective would be the resistance located at 0.113743 USDT.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by chetron. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The TRON - TRX/USDT rating is 0.107857 USDT. On the day, this instrument lost -0.14% with the lowest point at 0.106184 USDT and the highest point at 0.108091 USDT. The deviation from the price is +1.58% for the low point and -0.22% for the high point.

0.106184
0.108091
0.107857

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 15 min. of this TRON - TRX/USDT chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.090708 0.097374 0.100143 0.107857 0.113045 0.123800 0.164100
Change (%) -15.90% -9.72% -7.15% - +4.81% +14.78% +52.15%
Change -0.017149 -0.010483 -0.007714 - +0.005188 +0.015943 +0.056243
Level Minor Intermediate 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
Standard0.1015300.1031940.1056010.1072650.1096720.1113360.113743
Camarilla0.1068880.1072610.1076340.1080070.1083800.1087530.109127
Woodie0.1019010.1033800.1059720.1074510.1100430.1115220.114114
Fibonacci0.1031940.1047500.1057100.1072650.1088210.1097810.111336


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0811500.0885360.0982720.1056580.1153940.1227800.132516
Camarilla0.1032990.1048680.1064380.1080070.1095770.1111460.112716
Woodie0.0823240.0891240.0994460.1062460.1165680.1233680.133690
Fibonacci0.0885360.0950770.0991180.1056580.1121990.1162400.122780


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0764780.0806170.0888840.0930230.1012900.1054290.113696
Camarilla0.0937380.0948760.0960130.0971500.0982870.0994240.100562
Woodie0.0785410.0816490.0909470.0940550.1033530.1064610.115759
Fibonacci0.0806170.0853560.0882840.0930230.0977620.1006900.105429

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): 61.89
MACD (12,26,9): 0.0000
Directional Movement: 8.289983
AROON (14): 57.142857
DEMA (21): 0.107401
Parabolic SAR (0,02-0,02-0,2): 0.107372
Elder Ray (13): 0.000259
Super Trend (3,10): 0.107249
Zig ZAG (10): 0.107729
VORTEX (21): 1.1975
Stochastique (14,3,5): 98.05
TEMA (21): 0.107545
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.000390
Repulse (5,40,3): 0.2512
ROCnROLL: 1
TRIX (15,9): -0.0093
Courbe Coppock: 0.60
MA7: 0.101921
MA20: 0.097995
MA50: 0.091866
MA100: 0.085114
MAexp7: 0.107549
MAexp20: 0.107406
MAexp50: 0.107432
MAexp100: 0.106985
Price / MA7: +5.82%
Price / MA20: +10.06%
Price / MA50: +17.41%
Price / MA100: +26.72%
Price / MAexp7: +0.29%
Price / MAexp20: +0.42%
Price / MAexp50: +0.40%
Price / MAexp100: +0.82%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15826
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis TRON - TRX/USDT - 15 min.