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 - Daily - Technical analysis published on 01/06/2025 (GMT)

  • 143
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • 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

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 Arjun12345. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

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:
The Central Records scanner for higher/lower results shows an item:

Central Records

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:

Central 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:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
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
Standard0.2508680.2561420.2594110.2646850.2679540.2732280.276497
Camarilla0.2603310.2611140.2618970.2626800.2634630.2642460.265029
Woodie0.2498660.2556410.2584090.2641840.2669520.2727270.275495
Fibonacci0.2561420.2594050.2614220.2646850.2679480.2699650.273228


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2331540.2419780.2559590.2647830.2787640.2875880.301569
Camarilla0.2636690.2657590.2678500.2699400.2720310.2741210.276211
Woodie0.2357330.2432670.2585380.2660720.2813430.2888770.304148
Fibonacci0.2419780.2506900.2560720.2647830.2734950.2788770.287588


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0904650.0559100.1552910.3016660.4010470.5474220.646803
Camarilla0.1870880.2096160.2321430.2546710.2771990.2997260.322254
Woodie-0.1139630.0441620.1317930.2899180.3775490.5356740.623305
Fibonacci0.0559100.1497890.2077880.3016660.3955450.4535440.547422

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 - 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 - Daily