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

TRON - TRX/USDT - 15 min. - Technical analysis published on 11/11/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.101186 USDT
My targets
0.108288 USDT (+2.24%)
0.113221 USDT (+6.90%)
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 0.101186 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 0.113221 USDT. After this resistance, buyers could then target 0.120209 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
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 chetron. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The TRON - TRX/USDT rating is 0.105916 USDT. The price is lower by -0.30% since the last closing with the lowest point at 0.104859 USDT and the highest point at 0.106377 USDT. The deviation from the price is +1.01% for the low point and -0.43% for the high point.

0.104859
0.106377
0.105916

Here is a more detailed summary of the historical variations registered by TRON - TRX/USDT:
Abnormal volumes on TRON - TRX/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 15 min. of this TRON - TRX/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 15 minutes



In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


MACD indicator is back over 0

Type : Bullish

Timeframe : 15 minutes



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

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.090708 0.097374 0.100143 0.105916 0.113045 0.123800 0.164100
Change (%) -14.36% -8.06% -5.45% - +6.73% +16.89% +54.93%
Change -0.015208 -0.008542 -0.005773 - +0.007129 +0.017884 +0.058184
Level Minor Intermediate Major - 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
Standard0.0849170.0919050.0990690.1060570.1132210.1202090.127373
Camarilla0.1023410.1036390.1049360.1062330.1075300.1088280.110125
Woodie0.0850050.0919490.0991570.1061010.1133090.1202530.127461
Fibonacci0.0919050.0973110.1006510.1060570.1114630.1148030.120209


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0869820.0905060.0940840.0976080.1011860.1047100.108288
Camarilla0.0957080.0963590.0970100.0976610.0983120.0989630.099614
Woodie0.0870080.0905200.0941100.0976220.1012120.1047240.108314
Fibonacci0.0905060.0932190.0948950.0976080.1003210.1019970.104710


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0764780.0806170.0888840.0930230.1012900.1054290.113696
Camarilla0.0937380.0948760.0960130.0971500.0982870.0994240.100562
Woodie0.0785410.0816490.0909470.0940550.1033530.1064610.115759
Fibonacci0.0806170.0853560.0882840.0930230.0977620.1006900.105429

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): 56.48
MACD (12,26,9): 0.0000
Directional Movement: 3.633701
AROON (14): 64.285714
DEMA (21): 0.105506
Parabolic SAR (0,02-0,02-0,2): 0.104877
Elder Ray (13): 0.000204
Super Trend (3,10): 0.105839
Zig ZAG (10): 0.105734
VORTEX (21): 1.0855
Stochastique (14,3,5): 97.25
TEMA (21): 0.105498
Williams %R (14): -0.55
Chande Momentum Oscillator (20): 0.000497
Repulse (5,40,3): 0.2118
ROCnROLL: 1
TRIX (15,9): -0.0113
Courbe Coppock: 0.29
MA7: 0.100220
MA20: 0.097106
MA50: 0.091340
MA100: 0.084783
MAexp7: 0.105604
MAexp20: 0.105524
MAexp50: 0.105352
MAexp100: 0.104376
Price / MA7: +5.68%
Price / MA20: +9.07%
Price / MA50: +15.96%
Price / MA100: +24.93%
Price / MAexp7: +0.30%
Price / MAexp20: +0.37%
Price / MAexp50: +0.54%
Price / MAexp100: +1.48%

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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