TRON - TRX/USDT - 15 min. - Technical analysis published on 09/18/2023 (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:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.083793 USDT
My targets
0.084613 USDT (+0.18%)
0.084856 USDT (+0.47%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TRON - TRX/USDT as long as the price remains well above 0.083793 USDT. The buyers' bullish objective is set at 0.084613 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.084856 USDT. If there is any crossing, the next objective would be the resistance located at 0.123800 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TRON - TRX/USDT rating 0.084460 USDT. The price registered an increase of +1.34% on the session and was between 0.082980 USDT and 0.084530 USDT. This implies that the price is at +1.78% from its lowest and at -0.08% from its highest.0.082980
0.084530
0.084460
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TRON - TRX/USDT:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of TRON - TRX/USDT in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.081870 | 0.082630 | 0.084198 | 0.084460 | 0.084856 | 0.123800 | 0.164100 |
| Change (%) | -3.07% | -2.17% | -0.31% | - | +0.47% | +46.58% | +94.29% |
| Change | -0.002590 | -0.001830 | -0.000262 | - | +0.000396 | +0.039340 | +0.079640 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 0.082153 | 0.082607 | 0.082973 | 0.083427 | 0.083793 | 0.084247 | 0.084613 |
| Camarilla | 0.083115 | 0.083190 | 0.083265 | 0.083340 | 0.083415 | 0.083490 | 0.083566 |
| Woodie | 0.082110 | 0.082585 | 0.082930 | 0.083405 | 0.083750 | 0.084225 | 0.084570 |
| Fibonacci | 0.082607 | 0.082920 | 0.083113 | 0.083427 | 0.083740 | 0.083933 | 0.084247 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.071343 | 0.074177 | 0.078843 | 0.081677 | 0.086343 | 0.089177 | 0.093843 |
| Camarilla | 0.081448 | 0.082135 | 0.082823 | 0.083510 | 0.084198 | 0.084885 | 0.085573 |
| Woodie | 0.072260 | 0.074635 | 0.079760 | 0.082135 | 0.087260 | 0.089635 | 0.094760 |
| Fibonacci | 0.074177 | 0.077042 | 0.078812 | 0.081677 | 0.084542 | 0.086312 | 0.089177 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.066010 | 0.068950 | 0.072840 | 0.075780 | 0.079670 | 0.082610 | 0.086500 |
| Camarilla | 0.074852 | 0.075478 | 0.076104 | 0.076730 | 0.077356 | 0.077982 | 0.078608 |
| Woodie | 0.066485 | 0.069188 | 0.073315 | 0.076018 | 0.080145 | 0.082848 | 0.086975 |
| Fibonacci | 0.068950 | 0.071559 | 0.073171 | 0.075780 | 0.078389 | 0.080001 | 0.082610 |
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): | 71.45 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 20.772170 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.084301 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.083950 | |
| Elder Ray (13): | 0.000246 | |
| Super Trend (3,10): | 0.084038 | |
| Zig ZAG (10): | 0.084530 | |
| VORTEX (21): | 1.0772 | |
| Stochastique (14,3,5): | 88.60 | |
| TEMA (21): | 0.084337 | |
| Williams %R (14): | -12.99 | |
| Chande Momentum Oscillator (20): | 0.000570 | |
| Repulse (5,40,3): | 0.1775 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0175 | |
| Courbe Coppock: | 0.84 |
| MA7: | 0.083017 | |
| MA20: | 0.079536 | |
| MA50: | 0.077730 | |
| MA100: | 0.077283 | |
| MAexp7: | 0.084304 | |
| MAexp20: | 0.084118 | |
| MAexp50: | 0.083919 | |
| MAexp100: | 0.083774 | |
| Price / MA7: | +1.74% | |
| Price / MA20: | +6.19% | |
| Price / MA50: | +8.66% | |
| Price / MA100: | +9.29% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.41% | |
| Price / MAexp50: | +0.64% | |
| Price / MAexp100: | +0.82% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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