TRON - TRX/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	TRXUSD
ISIN:

TRON - TRX/USD - 1H - Technical analysis published on 12/15/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

61%

17%

My opinion

Bearish under 0.293020 USD

My targets

0.275529 USD (-2.25%)

0.248784 USD (-11.74%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TRON - TRX/USD as long as the price remains well below 0.293020 USD. The sellers' bearish objective is set at 0.275529 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.248784 USD. In case of crossing, the next objective would be the support located at 0.240816 USD.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.9

Comment on the analysis

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:

Additional analysis

Quotes

The TRON - TRX/USD rating is 0.281878 USD. The price registered a decrease of -0.15% on the session and was traded between 0.277559 USD and 0.283948 USD over the period. The price is currently at +1.56% from its lowest and -0.73% from its highest.

0.277559

0.283948

0.281878

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on TRON - TRX/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of TRON - TRX/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bullish harami

Type : Bullish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

Three black crows

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.240816	0.248784	0.275529	0.281878	0.283550	0.293020	0.308003
Change (%)	-14.57%	-11.74%	-2.25%	-	+0.59%	+3.95%	+9.27%
Change	-0.041062	-0.033094	-0.006349	-	+0.001672	+0.011142	+0.026125
Level	Intermediate	Minor	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	0.253899	0.265813	0.274056	0.285970	0.294213	0.306127	0.314370
Camarilla	0.276755	0.278603	0.280450	0.282298	0.284146	0.285994	0.287841
Woodie	0.252063	0.264895	0.272220	0.285052	0.292377	0.305209	0.312534
Fibonacci	0.265813	0.273513	0.278270	0.285970	0.293670	0.298427	0.306127

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.156987	0.198901	0.240600	0.282514	0.324213	0.366127	0.407826
Camarilla	0.259304	0.266969	0.274634	0.282298	0.289963	0.297627	0.305292
Woodie	0.156879	0.198847	0.240492	0.282460	0.324105	0.366073	0.407718
Fibonacci	0.198901	0.230842	0.250574	0.282514	0.314455	0.334187	0.366127

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.102022	0.130666	0.167742	0.196386	0.233462	0.262106	0.299182
Camarilla	0.186744	0.192768	0.198793	0.204817	0.210841	0.216866	0.222890
Woodie	0.106237	0.132774	0.171957	0.198494	0.237677	0.264214	0.303397
Fibonacci	0.130666	0.155771	0.171281	0.196386	0.221491	0.237001	0.262106

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):	41.50
MACD (12,26,9):	-0.0026
Directional Movement:	-10.550171
AROON (14):	-71.428571
DEMA (21):	0.279985
Parabolic SAR (0,02-0,02-0,2):	0.283539
Elder Ray (13):	-0.002678
Super Trend (3,10):	0.291291
Zig ZAG (10):	0.279706
VORTEX (21):	0.8465
Stochastique (14,3,5):	24.19
TEMA (21):	0.278813
Williams %R (14):	-73.56
Chande Momentum Oscillator (20):	-0.003681
Repulse (5,40,3):	0.5280
ROCnROLL:	2
TRIX (15,9):	-0.1313
Courbe Coppock:	4.80

MA7:	0.280690
MA20:	0.272641
MA50:	0.216605
MA100:	0.186082
MAexp7:	0.280997
MAexp20:	0.283328
MAexp50:	0.286393
MAexp100:	0.288340
Price / MA7:	+0.42%
Price / MA20:	+3.39%
Price / MA50:	+30.13%
Price / MA100:	+51.48%
Price / MAexp7:	+0.31%
Price / MAexp20:	-0.51%
Price / MAexp50:	-1.58%
Price / MAexp100:	-2.24%

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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Londinia AI

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