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

TRON - TRX/USDT - 15 min. - Technical analysis published on 04/23/2022 (GMT)

  • 363
  • 0
  • Who voted?
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.068440 USDT
My targets
0.064540 USDT (-4.40%)
0.062490 USDT (-7.44%)
My analysis
The strong short-term decline of TRON - TRX/USDT reinforces the current slightly bearish trend. As long as the price remains below 0.068440 USDT, you could take advantage of this bearish acceleration. The first bearish objective is located at 0.064540 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.062490 USDT as an objective. Crossing it would then enable sellers to target 0.058590 USDT. A return to above 0.068440 USDT would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.8

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 jrosado. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The TRON - TRX/USDT rating is 0.067510 USDT. On the day, this instrument gained +1.38% and was between 0.066520 USDT and 0.069210 USDT. This implies that the price is at +1.49% from its lowest and at -2.46% from its highest.

0.066520
0.069210
0.067510

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by TRON - TRX/USDT:

Technical


Technical analysis of this 15 min. chart of TRON - TRX/USDT indicates that the overall trend is slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 15 minutes


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes



In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Aroon indicator bearish trend

Type : Bearish

Timeframe : 15 minutes



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 15 minutes



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.061870 0.063456 0.066390 0.067510 0.068250 0.070460 0.074977
Change (%) -8.35% -6.01% -1.66% - +1.10% +4.37% +11.06%
Change -0.005640 -0.004054 -0.001120 - +0.000740 +0.002950 +0.007467
Level Intermediate Intermediate Minor - Minor 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
Standard0.0585900.0624900.0645400.0684400.0704900.0743900.076440
Camarilla0.0649540.0654990.0660450.0665900.0671350.0676810.068226
Woodie0.0576650.0620280.0636150.0679780.0695650.0739280.075515
Fibonacci0.0624900.0647630.0661670.0684400.0707130.0721170.074390


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0518330.0548070.0583330.0613070.0648330.0678070.071333
Camarilla0.0600730.0606680.0612640.0618600.0624560.0630520.063648
Woodie0.0521100.0549450.0586100.0614450.0651100.0679450.071610
Fibonacci0.0548070.0572900.0588240.0613070.0637900.0653240.067807


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0395830.0486770.0612830.0703770.0829830.0920770.104683
Camarilla0.0679230.0699120.0719010.0738900.0758790.0778680.079858
Woodie0.0413400.0495550.0630400.0712550.0847400.0929550.106440
Fibonacci0.0486770.0569660.0620870.0703770.0786660.0837870.092077

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): 40.89
MACD (12,26,9): 0.0000
Directional Movement: -11.074722
AROON (14): -100.000000
DEMA (21): 0.067961
Parabolic SAR (0,02-0,02-0,2): 0.068415
Elder Ray (13): -0.000314
Super Trend (3,10): 0.068310
Zig ZAG (10): 0.067560
VORTEX (21): 0.9798
Stochastique (14,3,5): 6.31
TEMA (21): 0.067859
Williams %R (14): -95.40
Chande Momentum Oscillator (20): -0.000600
Repulse (5,40,3): -0.6052
ROCnROLL: 2
TRIX (15,9): 0.0059
Courbe Coppock: 1.24
MA7: 0.064667
MA20: 0.063622
MA50: 0.063991
MA100: 0.063295
MAexp7: 0.067865
MAexp20: 0.067995
MAexp50: 0.067960
MAexp100: 0.067880
Price / MA7: +4.40%
Price / MA20: +6.11%
Price / MA50: +5.50%
Price / MA100: +6.66%
Price / MAexp7: -0.52%
Price / MAexp20: -0.71%
Price / MAexp50: -0.66%
Price / MAexp100: -0.55%

Quotes : - Real time data - Cryptocompare

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

About author

Online

Overall rating :
15832
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis TRON - TRX/USDT - 15 min.