TRON - TRX/USDT - 15 min. - Technical analysis published on 10/19/2024 (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 bearish
Underlying:
Strongly bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 0.158740 USDT
My targets
0.157505 USDT (-0.18%)
0.156756 USDT (-0.66%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TRON - TRX/USDT as long as the price remains well below 0.158740 USDT. The sellers' bearish objective is set at 0.157505 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.156756 USDT. In case of crossing, the next objective would be the support located at 0.147571 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.4
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Additional analysis
Quotes
The TRON - TRX/USDT rating is 0.157791 USDT. The price is lower by -0.43% since the last closing and was traded between 0.157708 USDT and 0.158707 USDT over the period. The price is currently at +0.05% from its lowest and -0.58% from its highest.0.157708
0.158707
0.157791
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of TRON - TRX/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
In fact, 15 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Near support of channel
Type : Bullish
Timeframe : 15 minutes
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 | 0.142868 | 0.147571 | 0.157729 | 0.157791 | 0.159487 | 0.160507 | 0.161887 |
| Change (%) | -9.46% | -6.48% | -0.04% | - | +1.07% | +1.72% | +2.60% |
| Change | -0.014923 | -0.010220 | -0.000062 | - | +0.001696 | +0.002716 | +0.004096 |
| Level | Major | Intermediate | Intermediate | - | 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 | 0.156756 | 0.157505 | 0.157991 | 0.158740 | 0.159226 | 0.159975 | 0.160461 |
| Camarilla | 0.158138 | 0.158252 | 0.158365 | 0.158478 | 0.158591 | 0.158704 | 0.158818 |
| Woodie | 0.156626 | 0.157439 | 0.157861 | 0.158674 | 0.159096 | 0.159909 | 0.160331 |
| Fibonacci | 0.157505 | 0.157976 | 0.158268 | 0.158740 | 0.159211 | 0.159503 | 0.159975 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.144822 | 0.148963 | 0.155731 | 0.159872 | 0.166640 | 0.170781 | 0.177549 |
| Camarilla | 0.159498 | 0.160498 | 0.161498 | 0.162498 | 0.163498 | 0.164498 | 0.165498 |
| Woodie | 0.146135 | 0.149620 | 0.157044 | 0.160529 | 0.167953 | 0.171438 | 0.178862 |
| Fibonacci | 0.148963 | 0.153131 | 0.155705 | 0.159872 | 0.164040 | 0.166614 | 0.170781 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.137912 | 0.142257 | 0.149110 | 0.153455 | 0.160308 | 0.164653 | 0.171506 |
| Camarilla | 0.152883 | 0.153909 | 0.154936 | 0.155962 | 0.156989 | 0.158015 | 0.159042 |
| Woodie | 0.139165 | 0.142884 | 0.150363 | 0.154082 | 0.161561 | 0.165280 | 0.172759 |
| Fibonacci | 0.142257 | 0.146535 | 0.149178 | 0.153455 | 0.157733 | 0.160376 | 0.164653 |
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): | 28.96 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -18.125709 | |
| AROON (14): | -100.000000 | |
| DEMA (21): | 0.157836 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.158022 | |
| Elder Ray (13): | -0.000214 | |
| Super Trend (3,10): | 0.158183 | |
| Zig ZAG (10): | 0.157767 | |
| VORTEX (21): | 0.8565 | |
| Stochastique (14,3,5): | 9.55 | |
| TEMA (21): | 0.157818 | |
| Williams %R (14): | -75.38 | |
| Chande Momentum Oscillator (20): | -0.000476 | |
| Repulse (5,40,3): | 0.0268 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0106 | |
| Courbe Coppock: | 0.42 |
| MA7: | 0.159681 | |
| MA20: | 0.158056 | |
| MA50: | 0.154379 | |
| MA100: | 0.146258 | |
| MAexp7: | 0.157890 | |
| MAexp20: | 0.158024 | |
| MAexp50: | 0.158281 | |
| MAexp100: | 0.158578 | |
| Price / MA7: | -1.18% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | +2.21% | |
| Price / MA100: | +7.89% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.31% | |
| Price / MAexp100: | -0.50% |
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.
About author
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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…
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