TRON - TRX/USDT - 1H - Technical analysis published on 11/10/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
22%
6%
My opinion
Bullish above 0.100879 USDT
My targets
0.108288 USDT (+3.55%)
0.113696 USDT (+8.72%)
My analysis
TRON - TRX/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.100879 USDT. The next resistance located at 0.108288 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.113696 USDT. After this resistance, buyers could then target 0.123800 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
7.7
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This analysis was given by chetron. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TRON - TRX/USDT rating is 0.104579 USDT. The price has increased by +5.75% since the last closing with the lowest point at 0.098893 USDT and the highest point at 0.113045 USDT. The deviation from the price is +5.75% for the low point and -7.49% for the high point.0.098893
0.113045
0.104579
Here is a more detailed summary of the historical variations registered by TRON - TRX/USDT:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on TRON - TRX/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of TRON - TRX/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.099388 | 0.100143 | 0.100879 | 0.104579 | 0.123800 | 0.164100 |
| Change (%) | -4.96% | -4.24% | -3.54% | - | +18.38% | +56.91% |
| Change | -0.005191 | -0.004436 | -0.003700 | - | +0.019221 | +0.059521 |
| Level | Minor | Major | Major | - | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.093695 | 0.095529 | 0.097211 | 0.099045 | 0.100727 | 0.102561 | 0.104243 |
| Camarilla | 0.097926 | 0.098248 | 0.098571 | 0.098893 | 0.099215 | 0.099538 | 0.099860 |
| Woodie | 0.093619 | 0.095491 | 0.097135 | 0.099007 | 0.100651 | 0.102523 | 0.104167 |
| Fibonacci | 0.095529 | 0.096872 | 0.097702 | 0.099045 | 0.100388 | 0.101218 | 0.102561 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.086982 | 0.090506 | 0.094084 | 0.097608 | 0.101186 | 0.104710 | 0.108288 |
| Camarilla | 0.095708 | 0.096359 | 0.097010 | 0.097661 | 0.098312 | 0.098963 | 0.099614 |
| Woodie | 0.087008 | 0.090520 | 0.094110 | 0.097622 | 0.101212 | 0.104724 | 0.108314 |
| Fibonacci | 0.090506 | 0.093219 | 0.094895 | 0.097608 | 0.100321 | 0.101997 | 0.104710 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.076478 | 0.080617 | 0.088884 | 0.093023 | 0.101290 | 0.105429 | 0.113696 |
| Camarilla | 0.093738 | 0.094876 | 0.096013 | 0.097150 | 0.098287 | 0.099424 | 0.100562 |
| Woodie | 0.078541 | 0.081649 | 0.090947 | 0.094055 | 0.103353 | 0.106461 | 0.115759 |
| Fibonacci | 0.080617 | 0.085356 | 0.088284 | 0.093023 | 0.097762 | 0.100690 | 0.105429 |
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): | 64.26 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 40.515767 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.103252 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.100745 | |
| Elder Ray (13): | 0.002509 | |
| Super Trend (3,10): | 0.101167 | |
| Zig ZAG (10): | 0.104465 | |
| VORTEX (21): | 1.2061 | |
| Stochastique (14,3,5): | 45.39 | |
| TEMA (21): | 0.104332 | |
| Williams %R (14): | -60.76 | |
| Chande Momentum Oscillator (20): | 0.004458 | |
| Repulse (5,40,3): | -0.6316 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1190 | |
| Courbe Coppock: | 9.51 |
| MA7: | 0.098849 | |
| MA20: | 0.096250 | |
| MA50: | 0.090857 | |
| MA100: | 0.084480 | |
| MAexp7: | 0.103766 | |
| MAexp20: | 0.101570 | |
| MAexp50: | 0.099995 | |
| MAexp100: | 0.099070 | |
| Price / MA7: | +5.80% | |
| Price / MA20: | +8.65% | |
| Price / MA50: | +15.10% | |
| Price / MA100: | +23.79% | |
| Price / MAexp7: | +0.78% | |
| Price / MAexp20: | +2.96% | |
| Price / MAexp50: | +4.58% | |
| Price / MAexp100: | +5.56% |
Quotes :
-
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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