TRUEFI - TRU/USD
TRUEFI - TRU/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: TRUUSD
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TRUEFI - TRU/USD - 1H - Technical analysis published on 06/13/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.210847 USD
My targets
0.218447 USD (+2.67%)
0.236279 USD (+11.05%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade TRUEFI - TRU/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.210847 USD. The buyers' bullish objective is set at 0.218447 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.236279 USD. If there is any crossing, the next objective would be the resistance located at 0.246200 USD. If there is a bearish break in the support located at 0.210847 USD some indecision would arise.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.5

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The TRUEFI - TRU/USD rating is 0.212769 USD. The price registered an increase of +4.29% on the session with the lowest point at 0.188323 USD and the highest point at 0.214660 USD. The deviation from the price is +12.98% for the low point and -0.88% for the high point.

0.188323
0.214660
0.212769

Here is a more detailed summary of the historical variations registered by TRUEFI - TRU/USD:

Technical


A technical analysis in 1H of this TRUEFI - TRU/USD chart shows a slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.181940 0.190154 0.210847 0.212769 0.218447 0.236279 0.246200
Change (%) -14.49% -10.63% -0.90% - +2.67% +11.05% +15.71%
Change -0.030829 -0.022615 -0.001922 - +0.005678 +0.023510 +0.033431
Level Minor Intermediate Major - Intermediate Minor Major



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
Standard0.1405920.1612660.1826450.2033190.2246980.2453720.266751
Camarilla0.1924590.1963140.2001690.2040240.2078790.2117340.215589
Woodie0.1409450.1614420.1829980.2034950.2250510.2455480.267104
Fibonacci0.1612660.1773300.1872550.2033190.2193830.2293080.245372


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1233030.1458080.1734670.1959720.2236310.2461360.273795
Camarilla0.1873300.1919280.1965270.2011250.2057230.2103220.214920
Woodie0.1258790.1470970.1760430.1972610.2262070.2474250.276371
Fibonacci0.1458080.1649710.1768100.1959720.2151350.2269740.246136


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0439080.0249560.0985270.1673910.2409620.3098260.383397
Camarilla0.1329280.1459850.1590420.1720980.1851550.1982110.211268
Woodie-0.0415550.0261330.1008810.1685680.2433160.3110030.385751
Fibonacci0.0249560.0793660.1129810.1673910.2218010.2554160.309826

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): 57.89
MACD (12,26,9): -0.0006
Directional Movement: 5.597949
AROON (14): 78.571429
DEMA (21): 0.200591
Parabolic SAR (0,02-0,02-0,2): 0.191562
Elder Ray (13): 0.005789
Super Trend (3,10): 0.210993
Zig ZAG (10): 0.209072
VORTEX (21): 0.9082
Stochastique (14,3,5): 78.10
TEMA (21): 0.201144
Williams %R (14): -9.97
Chande Momentum Oscillator (20): 0.019991
Repulse (5,40,3): 5.1995
ROCnROLL: 1
TRIX (15,9): -0.1002
Courbe Coppock: 0.68
MA7: 0.207201
MA20: 0.192343
MA50: 0.145790
MA100: 0.131103
MAexp7: 0.202558
MAexp20: 0.201241
MAexp50: 0.203599
MAexp100: 0.205700
Price / MA7: +2.69%
Price / MA20: +10.62%
Price / MA50: +45.94%
Price / MA100: +62.29%
Price / MAexp7: +5.04%
Price / MAexp20: +5.73%
Price / MAexp50: +4.50%
Price / MAexp100: +3.44%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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