TRON - TRX/USDT
TRON - TRX/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
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High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: TRXUSDT
ISIN:

TRON - TRX/USDT - 15 min. - Technical analysis published on 04/16/2022 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 0.061290 USDT
My targets
0.062720 USDT (+1.26%)
0.063610 USDT (+2.70%)
My analysis
The basic trend is bullish on TRON - TRX/USDT and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 0.061290 USDT. Sellers would then use the next support located at 0.060400 USDT as an objective. Crossing it would then enable sellers to target 0.058970 USDT. If there is a return to above the resistance located at 0.062720 USDT, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 0.063610 USDT and 0.065040 USDT by extension.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.2

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This analysis was given by mickaastrup. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The TRON - TRX/USDT price is 0.061940 USDT. The price has increased by +0.18% since the last closing and was between 0.061410 USDT and 0.062190 USDT. This implies that the price is at +0.86% from its lowest and at -0.40% from its highest.

0.061410
0.062190
0.061940

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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


Technical analysis of TRON - TRX/USDT in 15 min. shows an overall bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the slightly bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.057780 0.059480 0.060860 0.061940 0.062130 0.062870 0.064280
Change (%) -6.72% -3.97% -1.74% - +0.31% +1.50% +3.78%
Change -0.004160 -0.002460 -0.001080 - +0.000190 +0.000930 +0.002340
Level Intermediate Intermediate Minor - Major Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0580800.0589700.0604000.0612900.0627200.0636100.065040
Camarilla0.0611920.0614050.0616170.0618300.0620430.0622550.062468
Woodie0.0583500.0591050.0606700.0614250.0629900.0637450.065310
Fibonacci0.0589700.0598560.0604040.0612900.0621760.0627240.063610


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0479600.0550500.0594900.0665800.0710200.0781100.082550
Camarilla0.0607590.0618160.0628730.0639300.0649870.0660440.067101
Woodie0.0466350.0543880.0581650.0659180.0696950.0774480.081225
Fibonacci0.0550500.0594550.0621760.0665800.0709850.0737060.078110


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0391830.0483570.0611230.0702970.0830630.0922370.105003
Camarilla0.0678570.0698680.0718790.0738900.0759010.0779120.079924
Woodie0.0409800.0492550.0629200.0711950.0848600.0931350.106800
Fibonacci0.0483570.0567380.0619160.0702970.0786780.0838560.092237

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): 52.35
MACD (12,26,9): 0.0000
Directional Movement: 5.000211
AROON (14): 50.000000
DEMA (21): 0.062016
Parabolic SAR (0,02-0,02-0,2): 0.061949
Elder Ray (13): 0.000024
Super Trend (3,10): 0.062131
Zig ZAG (10): 0.062060
VORTEX (21): 1.0897
Stochastique (14,3,5): 64.91
TEMA (21): 0.062028
Williams %R (14): -31.58
Chande Momentum Oscillator (20): 0.000160
Repulse (5,40,3): 0.0726
ROCnROLL: 1
TRIX (15,9): 0.0015
Courbe Coppock: 0.39
MA7: 0.060857
MA20: 0.066324
MA50: 0.063365
MA100: 0.063393
MAexp7: 0.062027
MAexp20: 0.061995
MAexp50: 0.061952
MAexp100: 0.061799
Price / MA7: +1.78%
Price / MA20: -6.61%
Price / MA50: -2.25%
Price / MA100: -2.29%
Price / MAexp7: -0.14%
Price / MAexp20: -0.09%
Price / MAexp50: -0.02%
Price / MAexp100: +0.23%

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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