TELLOR - TRB/USD - 1H - Technical analysis published on 04/01/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
22%
44%
33%
My opinion
Bearish under 96.92 USD
My targets
93.88 USD (-2.30%)
92.24 USD (-4.01%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for TELLOR - TRB/USD as long as the price remains well below 96.92 USD. The sellers' bearish objective is set at 93.88 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 92.24 USD. If there is any crossing, the next objective would be the support located at 89.03 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TELLOR - TRB/USD rating 96.09 USD. On the day, this instrument lost -0.06% with the lowest point at 95.80 USD and the highest point at 97.09 USD. The deviation from the price is +0.30% for the low point and -1.03% for the high point.95.80
97.09
96.09
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of TELLOR - TRB/USD indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 89.03 | 92.24 | 93.88 | 96.09 | 96.92 | 98.64 | 103.93 |
| Change (%) | -7.35% | -4.01% | -2.30% | - | +0.86% | +2.65% | +8.16% |
| Change | -7.06 | -3.85 | -2.21 | - | +0.83 | +2.55 | +7.84 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 86.57 | 90.95 | 93.55 | 97.93 | 100.53 | 104.91 | 107.51 |
| Camarilla | 94.23 | 94.87 | 95.51 | 96.15 | 96.79 | 97.43 | 98.07 |
| Woodie | 85.68 | 90.51 | 92.66 | 97.49 | 99.64 | 104.47 | 106.62 |
| Fibonacci | 90.95 | 93.62 | 95.26 | 97.93 | 100.60 | 102.24 | 104.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.90 | 81.99 | 88.79 | 95.88 | 102.68 | 109.77 | 116.57 |
| Camarilla | 91.76 | 93.03 | 94.31 | 95.58 | 96.85 | 98.13 | 99.40 |
| Woodie | 74.75 | 81.92 | 88.64 | 95.81 | 102.53 | 109.70 | 116.42 |
| Fibonacci | 81.99 | 87.30 | 90.58 | 95.88 | 101.19 | 104.47 | 109.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.15 | 50.54 | 73.35 | 99.74 | 122.55 | 148.94 | 171.75 |
| Camarilla | 82.62 | 87.13 | 91.64 | 96.15 | 100.66 | 105.17 | 109.68 |
| Woodie | 22.35 | 49.65 | 71.55 | 98.85 | 120.75 | 148.05 | 169.95 |
| Fibonacci | 50.54 | 69.34 | 80.95 | 99.74 | 118.54 | 130.15 | 148.94 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.40 | |
| MACD (12,26,9): | -0.1700 | |
| Directional Movement: | 10.82 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 96.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 100.49 | |
| Elder Ray (13): | -0.15 | |
| Super Trend (3,10): | 98.53 | |
| Zig ZAG (10): | 96.30 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 34.57 | |
| TEMA (21): | 96.04 | |
| Williams %R (14): | -56.36 | |
| Chande Momentum Oscillator (20): | -0.33 | |
| Repulse (5,40,3): | -0.3200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 2.58 |
| MA7: | 95.13 | |
| MA20: | 93.93 | |
| MA50: | 106.95 | |
| MA100: | 122.16 | |
| MAexp7: | 96.26 | |
| MAexp20: | 96.53 | |
| MAexp50: | 96.42 | |
| MAexp100: | 95.72 | |
| Price / MA7: | +1.01% | |
| Price / MA20: | +2.30% | |
| Price / MA50: | -10.15% | |
| Price / MA100: | -21.34% | |
| Price / MAexp7: | -0.18% | |
| Price / MAexp20: | -0.46% | |
| Price / MAexp50: | -0.34% | |
| Price / MAexp100: | +0.39% |
Quotes :
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Real time data
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