TRON - TRX/USD - 15 min. - Technical analysis published on 06/20/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 0.069184 USD
My targets
0.070197 USD (+0.26%)
0.071097 USD (+1.54%)
My analysis
TRON - TRX/USD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.069184 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.070197 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.071097 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.072110 USD. Beware of a possible return to under the support located at 0.069184 USD which would be the sign of a correction of the bullish excesses registered in the short term.
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
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Additional analysis
Quotes
The TRON - TRX/USD rating is 0.070016 USD. The price registered an increase of +0.29% on the session and was traded between 0.067959 USD and 0.070840 USD over the period. The price is currently at +3.03% from its lowest and -1.16% from its highest.0.067959
0.070840
0.070016
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TRON - TRX/USD:
Technical
Technical analysis of TRON - TRX/USD in 15 min. shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.067801 | 0.069297 | 0.069936 | 0.070016 | 0.071209 | 0.071737 | 0.072208 |
| Change (%) | -3.16% | -1.03% | -0.11% | - | +1.70% | +2.46% | +3.13% |
| Change | -0.002215 | -0.000719 | -0.000080 | - | +0.001193 | +0.001721 | +0.002192 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | 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 | 0.067271 | 0.068284 | 0.069184 | 0.070197 | 0.071097 | 0.072110 | 0.073010 |
| Camarilla | 0.069558 | 0.069733 | 0.069909 | 0.070084 | 0.070259 | 0.070435 | 0.070610 |
| Woodie | 0.067215 | 0.068256 | 0.069128 | 0.070169 | 0.071041 | 0.072082 | 0.072954 |
| Fibonacci | 0.068284 | 0.069015 | 0.069466 | 0.070197 | 0.070928 | 0.071379 | 0.072110 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.063063 | 0.065714 | 0.068647 | 0.071298 | 0.074231 | 0.076882 | 0.079815 |
| Camarilla | 0.070043 | 0.070555 | 0.071067 | 0.071579 | 0.072091 | 0.072603 | 0.073115 |
| Woodie | 0.063203 | 0.065785 | 0.068787 | 0.071369 | 0.074371 | 0.076953 | 0.079955 |
| Fibonacci | 0.065714 | 0.067847 | 0.069165 | 0.071298 | 0.073431 | 0.074749 | 0.076882 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.051950 | 0.059361 | 0.067368 | 0.074779 | 0.082786 | 0.090197 | 0.098204 |
| Camarilla | 0.071135 | 0.072548 | 0.073962 | 0.075375 | 0.076788 | 0.078202 | 0.079615 |
| Woodie | 0.052248 | 0.059510 | 0.067666 | 0.074928 | 0.083084 | 0.090346 | 0.098502 |
| Fibonacci | 0.059361 | 0.065251 | 0.068889 | 0.074779 | 0.080669 | 0.084307 | 0.090197 |
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): | 56.73 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 12.458374 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.069326 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.070251 | |
| Elder Ray (13): | 0.000284 | |
| Super Trend (3,10): | 0.067956 | |
| Zig ZAG (10): | 0.069452 | |
| VORTEX (21): | 1.0477 | |
| Stochastique (14,3,5): | 81.72 | |
| TEMA (21): | 0.069559 | |
| Williams %R (14): | -15.06 | |
| Chande Momentum Oscillator (20): | 0.000918 | |
| Repulse (5,40,3): | -0.4336 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0218 | |
| Courbe Coppock: | 1.68 |
| MA7: | 0.070524 | |
| MA20: | 0.073980 | |
| MA50: | 0.073037 | |
| MA100: | 0.069425 | |
| MAexp7: | 0.069376 | |
| MAexp20: | 0.069160 | |
| MAexp50: | 0.069077 | |
| MAexp100: | 0.069283 | |
| Price / MA7: | -0.72% | |
| Price / MA20: | -5.36% | |
| Price / MA50: | -4.14% | |
| Price / MA100: | +0.85% | |
| Price / MAexp7: | +0.92% | |
| Price / MAexp20: | +1.24% | |
| Price / MAexp50: | +1.36% | |
| Price / MAexp100: | +1.06% |
Quotes :
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Real time data
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