CRONOS - CRO/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	CROUSD
ISIN:

CRONOS - CRO/USD - 1H - Technical analysis published on 04/07/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

22%

44%

33%

My opinion

Bullish above 0.142374 USD

My targets

0.150364 USD (+3.16%)

0.154479 USD (+5.98%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CRONOS - CRO/USD. As long as you are above the support located at 0.142374 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.150364 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.154479 USD as an objective. Crossing it would then enable buyers to target 0.159189 USD. If the support 0.142374 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

1.4

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CRONOS - CRO/USD rating is 0.145764 USD. The price registered a decrease of -0.16% on the session and was between 0.145200 USD and 0.147927 USD. This implies that the price is at +0.39% from its lowest and at -1.46% from its highest.

0.145200

0.147927

0.145764

A study of price movements over other periods shows the following variations:

Abnormal volumes on CRONOS - CRO/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of CRONOS - CRO/USD indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.136927	0.139686	0.142374	0.145764	0.150364	0.154479	0.159189
Change (%)	-6.06%	-4.17%	-2.33%	-	+3.16%	+5.98%	+9.21%
Change	-0.008837	-0.006078	-0.003390	-	+0.004600	+0.008715	+0.013425
Level	Minor	Intermediate	Intermediate	-	Minor	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.135910	0.138174	0.142084	0.144348	0.148258	0.150522	0.154432
Camarilla	0.144295	0.144861	0.145427	0.145993	0.146559	0.147125	0.147691
Woodie	0.136732	0.138586	0.142906	0.144760	0.149080	0.150934	0.155254
Fibonacci	0.138174	0.140533	0.141990	0.144348	0.146707	0.148164	0.150522

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.112219	0.124573	0.135283	0.147637	0.158347	0.170701	0.181411
Camarilla	0.139650	0.141765	0.143879	0.145993	0.148107	0.150221	0.152336
Woodie	0.111397	0.124162	0.134461	0.147226	0.157525	0.170290	0.180589
Fibonacci	0.124573	0.133383	0.138827	0.147637	0.156447	0.161891	0.170701

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.048908	0.079021	0.115910	0.146023	0.182912	0.213025	0.249914
Camarilla	0.134375	0.140516	0.146658	0.152800	0.158942	0.165084	0.171226
Woodie	0.052297	0.080715	0.119299	0.147717	0.186301	0.214719	0.253303
Fibonacci	0.079021	0.104615	0.120428	0.146023	0.171617	0.187430	0.213025

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):	50.59
MACD (12,26,9):	0.0004
Directional Movement:	8.980281
AROON (14):	-21.428572
DEMA (21):	0.146864
Parabolic SAR (0,02-0,02-0,2):	0.147622
Elder Ray (13):	-0.000364
Super Trend (3,10):	0.144760
Zig ZAG (10):	0.146032
VORTEX (21):	1.0714
Stochastique (14,3,5):	14.44
TEMA (21):	0.146564
Williams %R (14):	-90.54
Chande Momentum Oscillator (20):	0.000021
Repulse (5,40,3):	-0.5112
ROCnROLL:	-1
TRIX (15,9):	0.0599
Courbe Coppock:	0.23

MA7:	0.145152
MA20:	0.144854
MA50:	0.135259
MA100:	0.111190
MAexp7:	0.146275
MAexp20:	0.146241
MAexp50:	0.145318
MAexp100:	0.145015
Price / MA7:	+0.42%
Price / MA20:	+0.63%
Price / MA50:	+7.77%
Price / MA100:	+31.09%
Price / MAexp7:	-0.35%
Price / MAexp20:	-0.33%
Price / MAexp50:	+0.31%
Price / MAexp100:	+0.52%

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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Londinia AI

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