TRON - TRX/USD - 1H - Technical analysis published on 02/22/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 0.237211 USD
My targets
0.231930 USD (-1.16%)
0.229360 USD (-2.26%)
My analysis
TRON - TRX/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.237211 USD. The next support located at 0.231930 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.229360 USD. Below this support, sellers could then target 0.221047 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TRON - TRX/USD rating 0.234655 USD. The price registered a decrease of -1.59% on the session and was between 0.233824 USD and 0.241113 USD. This implies that the price is at +0.36% from its lowest and at -2.68% from its highest.0.233824
0.241113
0.234655
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this TRON - TRX/USD chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.221047 | 0.229360 | 0.231930 | 0.234655 | 0.234879 | 0.237211 | 0.240272 |
| Change (%) | -5.80% | -2.26% | -1.16% | - | +0.10% | +1.09% | +2.39% |
| Change | -0.013608 | -0.005295 | -0.002725 | - | +0.000224 | +0.002556 | +0.005617 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | Minor |
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 | 0.215198 | 0.224893 | 0.231672 | 0.241367 | 0.248146 | 0.257841 | 0.264620 |
| Camarilla | 0.233922 | 0.235432 | 0.236942 | 0.238452 | 0.239962 | 0.241472 | 0.242982 |
| Woodie | 0.213741 | 0.224164 | 0.230215 | 0.240638 | 0.246689 | 0.257112 | 0.263163 |
| Fibonacci | 0.224893 | 0.231186 | 0.235074 | 0.241367 | 0.247660 | 0.251548 | 0.257841 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.204622 | 0.216009 | 0.226583 | 0.237970 | 0.248544 | 0.259931 | 0.270505 |
| Camarilla | 0.231119 | 0.233132 | 0.235145 | 0.237158 | 0.239171 | 0.241184 | 0.243197 |
| Woodie | 0.204217 | 0.215806 | 0.226178 | 0.237767 | 0.248139 | 0.259728 | 0.270100 |
| Fibonacci | 0.216009 | 0.224398 | 0.229581 | 0.237970 | 0.246359 | 0.251542 | 0.259931 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.162810 | 0.189419 | 0.221558 | 0.248167 | 0.280306 | 0.306915 | 0.339054 |
| Camarilla | 0.237541 | 0.242927 | 0.248312 | 0.253697 | 0.259082 | 0.264468 | 0.269853 |
| Woodie | 0.165575 | 0.190802 | 0.224323 | 0.249550 | 0.283071 | 0.308298 | 0.341819 |
| Fibonacci | 0.189419 | 0.211861 | 0.225725 | 0.248167 | 0.270609 | 0.284473 | 0.306915 |
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): | 28.85 | |
| MACD (12,26,9): | -0.0016 | |
| Directional Movement: | -3.937097 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.235583 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.238588 | |
| Elder Ray (13): | -0.001547 | |
| Super Trend (3,10): | 0.241949 | |
| Zig ZAG (10): | 0.235213 | |
| VORTEX (21): | 1.0128 | |
| Stochastique (14,3,5): | 13.23 | |
| TEMA (21): | 0.235168 | |
| Williams %R (14): | -94.79 | |
| Chande Momentum Oscillator (20): | -0.003189 | |
| Repulse (5,40,3): | -0.5130 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1061 | |
| Courbe Coppock: | 1.53 |
| MA7: | 0.240396 | |
| MA20: | 0.235860 | |
| MA50: | 0.241274 | |
| MA100: | 0.246455 | |
| MAexp7: | 0.236237 | |
| MAexp20: | 0.237805 | |
| MAexp50: | 0.240060 | |
| MAexp100: | 0.240768 | |
| Price / MA7: | -2.39% | |
| Price / MA20: | -0.51% | |
| Price / MA50: | -2.74% | |
| Price / MA100: | -4.79% | |
| Price / MAexp7: | -0.67% | |
| Price / MAexp20: | -1.32% | |
| Price / MAexp50: | -2.25% | |
| Price / MAexp100: | -2.54% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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