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

TRON - TRX/USDT - 15 min. - Technical analysis published on 11/12/2023 (GMT)

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  • 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 bullish
Underlying: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.107265 USDT
My targets
0.109672 USDT (+1.32%)
0.111336 USDT (+2.86%)
My analysis
The bullish trend is currently very strong on TRON - TRX/USDT. As long as the price remains above the support at 0.107265 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.109672 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.111336 USDT as an objective. Crossing it would then enable buyers to target 0.113743 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
7.5

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 0.108242 USDT. The price has increased by +0.22% since the last closing and was between 0.106184 USDT and 0.108525 USDT. This implies that the price is at +1.94% from its lowest and at -0.26% from its highest.

0.106184
0.108525
0.108242

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a 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


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of TRON - TRX/USDT in 15 min. shows a strongly overall bullish trend. 89.29% 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.

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

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


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes



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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

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 0.108242 0.113045 0.123800 0.164100
Change (%) -16.20% -10.04% -7.48% - +4.44% +14.37% +51.60%
Change -0.017534 -0.010868 -0.008099 - +0.004803 +0.015558 +0.055858
Level Minor Intermediate Major - Intermediate Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1015300.1031940.1056010.1072650.1096720.1113360.113743
Camarilla0.1068880.1072610.1076340.1080070.1083800.1087530.109127
Woodie0.1019010.1033800.1059720.1074510.1100430.1115220.114114
Fibonacci0.1031940.1047500.1057100.1072650.1088210.1097810.111336


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0811500.0885360.0982720.1056580.1153940.1227800.132516
Camarilla0.1032990.1048680.1064380.1080070.1095770.1111460.112716
Woodie0.0823240.0891240.0994460.1062460.1165680.1233680.133690
Fibonacci0.0885360.0950770.0991180.1056580.1121990.1162400.122780


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): 62.71
MACD (12,26,9): 0.0001
Directional Movement: 10.672325
AROON (14): 28.571428
DEMA (21): 0.108310
Parabolic SAR (0,02-0,02-0,2): 0.107742
Elder Ray (13): 0.000222
Super Trend (3,10): 0.107909
Zig ZAG (10): 0.108499
VORTEX (21): 1.1266
Stochastique (14,3,5): 94.60
TEMA (21): 0.108367
Williams %R (14): -1.62
Chande Momentum Oscillator (20): 0.000363
Repulse (5,40,3): 0.2127
ROCnROLL: 1
TRIX (15,9): 0.0130
Courbe Coppock: 0.34
MA7: 0.102033
MA20: 0.098032
MA50: 0.091881
MA100: 0.085122
MAexp7: 0.108333
MAexp20: 0.108135
MAexp50: 0.107929
MAexp100: 0.107510
Price / MA7: +6.09%
Price / MA20: +10.41%
Price / MA50: +17.81%
Price / MA100: +27.16%
Price / MAexp7: -0.08%
Price / MAexp20: +0.10%
Price / MAexp50: +0.29%
Price / MAexp100: +0.68%

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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