TRON - TRX/USDT - Daily - Technical analysis published on 01/06/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.244121 USDT
My targets
0.296804 USDT (+12.41%)
0.401047 USDT (+51.90%)
My analysis
The basic bullish trend is very strong on TRON - TRX/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.244121 USDT. Crossing the first resistance at 0.296804 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.401047 USDT as an objective. Crossing it would then enable buyers to target 0.431703 USDT. Caution, a return to below 0.244121 USDT would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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This analysis was given by Arjun12345. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TRON - TRX/USDT rating 0.264028 USDT. On the day, this instrument gained +0.51% with the lowest point at 0.259705 USDT and the highest point at 0.266216 USDT. The deviation from the price is +1.66% for the low point and -0.82% for the high point.0.259705
0.266216
0.264028
Here is a more detailed summary of the historical variations registered by TRON - TRX/USDT:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this TRON - TRX/USDT chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.166365 | 0.194458 | 0.244121 | 0.264028 | 0.296804 | 0.431703 |
Change (%) | -36.99% | -26.35% | -7.54% | - | +12.41% | +63.51% |
Change | -0.097663 | -0.069570 | -0.019907 | - | +0.032776 | +0.167675 |
Level | Major | Minor | Intermediate | - | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.250868 | 0.256142 | 0.259411 | 0.264685 | 0.267954 | 0.273228 | 0.276497 |
Camarilla | 0.260331 | 0.261114 | 0.261897 | 0.262680 | 0.263463 | 0.264246 | 0.265029 |
Woodie | 0.249866 | 0.255641 | 0.258409 | 0.264184 | 0.266952 | 0.272727 | 0.275495 |
Fibonacci | 0.256142 | 0.259405 | 0.261422 | 0.264685 | 0.267948 | 0.269965 | 0.273228 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.233154 | 0.241978 | 0.255959 | 0.264783 | 0.278764 | 0.287588 | 0.301569 |
Camarilla | 0.263669 | 0.265759 | 0.267850 | 0.269940 | 0.272031 | 0.274121 | 0.276211 |
Woodie | 0.235733 | 0.243267 | 0.258538 | 0.266072 | 0.281343 | 0.288877 | 0.304148 |
Fibonacci | 0.241978 | 0.250690 | 0.256072 | 0.264783 | 0.273495 | 0.278877 | 0.287588 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.090465 | 0.055910 | 0.155291 | 0.301666 | 0.401047 | 0.547422 | 0.646803 |
Camarilla | 0.187088 | 0.209616 | 0.232143 | 0.254671 | 0.277199 | 0.299726 | 0.322254 |
Woodie | -0.113963 | 0.044162 | 0.131793 | 0.289918 | 0.377549 | 0.535674 | 0.623305 |
Fibonacci | 0.055910 | 0.149789 | 0.207788 | 0.301666 | 0.395545 | 0.453544 | 0.547422 |
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): | 52.41 | |
MACD (12,26,9): | 0.0018 | |
Directional Movement: | 6.006832 | |
AROON (14): | 85.714286 | |
DEMA (21): | 0.264797 | |
Parabolic SAR (0,02-0,02-0,2): | 0.316159 | |
Elder Ray (13): | 0.000619 | |
Super Trend (3,10): | 0.294228 | |
Zig ZAG (10): | 0.264553 | |
VORTEX (21): | 0.9245 | |
Stochastique (14,3,5): | 72.11 | |
TEMA (21): | 0.258789 | |
Williams %R (14): | -37.96 | |
Chande Momentum Oscillator (20): | 0.006558 | |
Repulse (5,40,3): | 0.6731 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0262 | |
Courbe Coppock: | 7.33 |
MA7: | 0.263204 | |
MA20: | 0.256983 | |
MA50: | 0.255693 | |
MA100: | 0.209922 | |
MAexp7: | 0.263408 | |
MAexp20: | 0.261947 | |
MAexp50: | 0.248563 | |
MAexp100: | 0.221706 | |
Price / MA7: | +0.31% | |
Price / MA20: | +2.74% | |
Price / MA50: | +3.26% | |
Price / MA100: | +25.77% | |
Price / MAexp7: | +0.24% | |
Price / MAexp20: | +0.79% | |
Price / MAexp50: | +6.22% | |
Price / MAexp100: | +19.09% |
Quotes :
-
Real time data
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