CRONOS - CRO/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	CROUSD
ISIN:

CRONOS - CRO/USD - Daily - Technical analysis published on 04/26/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

56%

39%

My opinion

Bullish above 0.063079 USD

My targets

0.084867 USD (+14.86%)

0.088001 USD (+19.10%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on CRONOS - CRO/USD. This is a positive signal for buyers. As long as the price remains above 0.063079 USD, a purchase could be considered. The first bullish objective is located at 0.084867 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.088001 USD as an objective. Crossing it would then enable buyers to target 0.101900 USD. In the event of a return below 0.063079 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

4.8

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 0.073890 USD. The price registered an increase of +6.75% on the session and was between 0.068500 USD and 0.073920 USD. This implies that the price is at +7.87% from its lowest and at -0.04% from its highest.

0.068500

0.073920

0.073890

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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 result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CRONOS - CRO/USD in Daily shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

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

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.055267	0.063079	0.073850	0.073890	0.088001	0.101900	0.124500
Change (%)	-25.20%	-14.63%	-0.05%	-	+19.10%	+37.91%	+68.49%
Change	-0.018623	-0.010811	-0.000040	-	+0.014111	+0.028010	+0.050610
Level	Minor	Intermediate	Intermediate	-	Intermediate	Minor	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.062417	0.063913	0.066567	0.068063	0.070717	0.072213	0.074867
Camarilla	0.068079	0.068459	0.068840	0.069220	0.069600	0.069981	0.070361
Woodie	0.062995	0.064203	0.067145	0.068353	0.071295	0.072503	0.075445
Fibonacci	0.063913	0.065499	0.066478	0.068063	0.069649	0.070628	0.072213

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.059090	0.063020	0.065650	0.069580	0.072210	0.076140	0.078770
Camarilla	0.066476	0.067077	0.067679	0.068280	0.068881	0.069483	0.070084
Woodie	0.058440	0.062695	0.065000	0.069255	0.071560	0.075815	0.078120
Fibonacci	0.063020	0.065526	0.067074	0.069580	0.072086	0.073634	0.076140

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.044033	0.052067	0.060433	0.068467	0.076833	0.084867	0.093233
Camarilla	0.064290	0.065793	0.067297	0.068800	0.070303	0.071807	0.073310
Woodie	0.044200	0.052150	0.060600	0.068550	0.077000	0.084950	0.093400
Fibonacci	0.052067	0.058332	0.062202	0.068467	0.074732	0.078602	0.084867

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):	56.43
MACD (12,26,9):	-0.0001
Directional Movement:	6.811884
AROON (14):	-42.857143
DEMA (21):	0.069046
Parabolic SAR (0,02-0,02-0,2):	0.072885
Elder Ray (13):	0.001344
Super Trend (3,10):	0.073827
Zig ZAG (10):	0.071870
VORTEX (21):	1.0033
Stochastique (14,3,5):	44.82
TEMA (21):	0.069452
Williams %R (14):	-20.37
Chande Momentum Oscillator (20):	0.001410
Repulse (5,40,3):	7.2824
ROCnROLL:	1
TRIX (15,9):	-0.0332
Courbe Coppock:	0.05

MA7:	0.068703
MA20:	0.069281
MA50:	0.069051
MA100:	0.073442
MAexp7:	0.069439
MAexp20:	0.069300
MAexp50:	0.070102
MAexp100:	0.072465
Price / MA7:	+7.55%
Price / MA20:	+6.65%
Price / MA50:	+7.01%
Price / MA100:	+0.61%
Price / MAexp7:	+6.41%
Price / MAexp20:	+6.62%
Price / MAexp50:	+5.40%
Price / MAexp100:	+1.97%

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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