TELLOR - TRB/USD - 1H - Technical analysis published on 11/11/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 99.01 USD
My targets
85.76 USD (-6.52%)
83.16 USD (-9.35%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on TELLOR - TRB/USD. As long as you are under the resistance located at 99.01 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 85.76 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 83.16 USD as an objective. Crossing it would then enable sellers to target 61.04 USD. If the resistance 99.01 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TELLOR - TRB/USD price is 91.74 USD. The price registered a decrease of -0.05% on the session with the lowest point at 85.08 USD and the highest point at 94.51 USD. The deviation from the price is +7.83% for the low point and -2.93% for the high point.85.08
94.51
91.74
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on TELLOR - TRB/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of TELLOR - TRB/USD in 1H shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 61.04 | 85.76 | 91.61 | 91.74 | 101.84 | 111.47 | 118.08 |
| Change (%) | -33.46% | -6.52% | -0.14% | - | +11.01% | +21.51% | +28.71% |
| Change | -30.70 | -5.98 | -0.13 | - | +10.10 | +19.73 | +26.34 |
| Level | Minor | Major | Minor | - | Major | Minor | 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 | 63.17 | 74.56 | 83.18 | 94.57 | 103.19 | 114.58 | 123.20 |
| Camarilla | 86.29 | 88.12 | 89.96 | 91.79 | 93.62 | 95.46 | 97.29 |
| Woodie | 61.78 | 73.87 | 81.79 | 93.88 | 101.80 | 113.89 | 121.81 |
| Fibonacci | 74.56 | 82.21 | 86.93 | 94.57 | 102.22 | 106.94 | 114.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70.17 | 83.16 | 99.01 | 112.00 | 127.85 | 140.84 | 156.69 |
| Camarilla | 106.93 | 109.57 | 112.22 | 114.86 | 117.50 | 120.15 | 122.79 |
| Woodie | 71.60 | 83.88 | 100.44 | 112.72 | 129.28 | 141.56 | 158.12 |
| Fibonacci | 83.16 | 94.18 | 100.98 | 112.00 | 123.02 | 129.82 | 140.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -22.36 | 9.57 | 61.13 | 93.06 | 144.62 | 176.55 | 228.11 |
| Camarilla | 89.73 | 97.38 | 105.04 | 112.69 | 120.34 | 128.00 | 135.65 |
| Woodie | -12.55 | 14.48 | 70.95 | 97.97 | 154.44 | 181.46 | 237.93 |
| Fibonacci | 9.57 | 41.46 | 61.17 | 93.06 | 124.95 | 144.66 | 176.55 |
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): | 45.88 | |
| MACD (12,26,9): | -1.7300 | |
| Directional Movement: | -7.48 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 88.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 94.49 | |
| Elder Ray (13): | 0.49 | |
| Super Trend (3,10): | 97.28 | |
| Zig ZAG (10): | 91.26 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 71.84 | |
| TEMA (21): | 91.05 | |
| Williams %R (14): | -29.84 | |
| Chande Momentum Oscillator (20): | 2.08 | |
| Repulse (5,40,3): | 0.6700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4000 | |
| Courbe Coppock: | 1.31 |
| MA7: | 114.25 | |
| MA20: | 109.48 | |
| MA50: | 74.94 | |
| MA100: | 46.62 | |
| MAexp7: | 90.87 | |
| MAexp20: | 91.29 | |
| MAexp50: | 98.54 | |
| MAexp100: | 107.10 | |
| Price / MA7: | -19.70% | |
| Price / MA20: | -16.20% | |
| Price / MA50: | +22.42% | |
| Price / MA100: | +96.78% | |
| Price / MAexp7: | +0.96% | |
| Price / MAexp20: | +0.49% | |
| Price / MAexp50: | -6.90% | |
| Price / MAexp100: | -14.34% |
Quotes :
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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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