TELLOR - TRB/USD - 1H - Technical analysis published on 09/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
22%
28%
50%
My opinion
Bearish under 60.52 USD
My targets
54.65 USD (-4.98%)
47.21 USD (-17.93%)
My analysis
The basic trend is bearish on TELLOR - TRB/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 60.52 USD. Buyers would then use the next resistance located at 65.53 USD as an objective. Crossing it would then enable buyers to target 70.50 USD. If there is a return to below the support located at 54.65 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 47.21 USD and 46.39 USD by extension.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.6
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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 rating is 57.52 USD. The price registered an increase of +1.00% on the session and was traded between 56.05 USD and 58.51 USD over the period. The price is currently at +2.62% from its lowest and -1.69% from its highest.56.05
58.51
57.52
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of TELLOR - TRB/USD indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 9 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.47 | 46.39 | 54.49 | 57.52 | 57.59 | 60.52 | 65.53 |
| Change (%) | -83.54% | -19.35% | -5.27% | - | +0.12% | +5.22% | +13.93% |
| Change | -48.05 | -11.13 | -3.03 | - | +0.07 | +3.00 | +8.01 |
| Level | Minor | Major | Major | - | Minor | Minor | Intermediate |
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 | 49.81 | 51.90 | 54.42 | 56.51 | 59.03 | 61.12 | 63.64 |
| Camarilla | 55.68 | 56.11 | 56.53 | 56.95 | 57.37 | 57.80 | 58.22 |
| Woodie | 50.04 | 52.01 | 54.65 | 56.62 | 59.26 | 61.23 | 63.87 |
| Fibonacci | 51.90 | 53.66 | 54.75 | 56.51 | 58.27 | 59.36 | 61.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.26 | 47.21 | 54.65 | 67.60 | 75.04 | 87.99 | 95.43 |
| Camarilla | 56.49 | 58.36 | 60.23 | 62.10 | 63.97 | 65.84 | 67.71 |
| Woodie | 31.52 | 45.83 | 51.91 | 66.22 | 72.30 | 86.61 | 92.69 |
| Fibonacci | 47.21 | 55.00 | 59.81 | 67.60 | 75.39 | 80.20 | 87.99 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.68 | 21.58 | 41.84 | 61.74 | 82.00 | 101.90 | 122.16 |
| Camarilla | 51.06 | 54.74 | 58.42 | 62.10 | 65.78 | 69.46 | 73.14 |
| Woodie | 1.86 | 21.67 | 42.02 | 61.83 | 82.18 | 101.99 | 122.34 |
| Fibonacci | 21.58 | 36.92 | 46.40 | 61.74 | 77.08 | 86.56 | 101.90 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.58 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | -5.94 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 57.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 58.28 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 56.02 | |
| Zig ZAG (10): | 57.25 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 26.70 | |
| TEMA (21): | 57.45 | |
| Williams %R (14): | -70.07 | |
| Chande Momentum Oscillator (20): | -0.52 | |
| Repulse (5,40,3): | -0.5400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.56 |
| MA7: | 59.75 | |
| MA20: | 62.69 | |
| MA50: | 64.92 | |
| MA100: | 78.79 | |
| MAexp7: | 57.29 | |
| MAexp20: | 57.28 | |
| MAexp50: | 57.47 | |
| MAexp100: | 58.69 | |
| Price / MA7: | -3.73% | |
| Price / MA20: | -8.25% | |
| Price / MA50: | -11.40% | |
| Price / MA100: | -27.00% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | +0.42% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | -1.99% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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