CRONOS - CRO/USD - 1H - Technical analysis published on 07/03/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
17%
39%
44%
My opinion
Neutral between 0.056128 USD and 0.057140 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 0.056128 USD. The first resistance is located at 0.057140 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by CRONOS - CRO/USD.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CRONOS - CRO/USD rating 0.056610 USD. The price registered a decrease of -0.04% on the session with the lowest point at 0.056490 USD and the highest point at 0.057470 USD. The deviation from the price is +0.21% for the low point and -1.50% for the high point.0.056490
0.057470
0.056610
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of CRONOS - CRO/USD indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.051670 | 0.055300 | 0.056128 | 0.056610 | 0.057140 | 0.057894 | 0.059100 |
| Change (%) | -8.73% | -2.31% | -0.85% | - | +0.94% | +2.27% | +4.40% |
| Change | -0.004940 | -0.001310 | -0.000482 | - | +0.000530 | +0.001284 | +0.002490 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.053913 | 0.054917 | 0.055773 | 0.056777 | 0.057633 | 0.058637 | 0.059493 |
| Camarilla | 0.056119 | 0.056289 | 0.056460 | 0.056630 | 0.056801 | 0.056971 | 0.057142 |
| Woodie | 0.053840 | 0.054880 | 0.055700 | 0.056740 | 0.057560 | 0.058600 | 0.059420 |
| Fibonacci | 0.054917 | 0.055627 | 0.056066 | 0.056777 | 0.057487 | 0.057926 | 0.058637 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.049040 | 0.051930 | 0.054710 | 0.057600 | 0.060380 | 0.063270 | 0.066050 |
| Camarilla | 0.055931 | 0.056451 | 0.056970 | 0.057490 | 0.058010 | 0.058530 | 0.059049 |
| Woodie | 0.048985 | 0.051903 | 0.054655 | 0.057573 | 0.060325 | 0.063243 | 0.065995 |
| Fibonacci | 0.051930 | 0.054096 | 0.055434 | 0.057600 | 0.059766 | 0.061104 | 0.063270 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038753 | 0.044657 | 0.050453 | 0.056357 | 0.062153 | 0.068057 | 0.073853 |
| Camarilla | 0.053033 | 0.054105 | 0.055178 | 0.056250 | 0.057323 | 0.058395 | 0.059468 |
| Woodie | 0.038700 | 0.044630 | 0.050400 | 0.056330 | 0.062100 | 0.068030 | 0.073800 |
| Fibonacci | 0.044657 | 0.049126 | 0.051887 | 0.056357 | 0.060826 | 0.063587 | 0.068057 |
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): | 45.76 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 3.532782 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.056772 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.057470 | |
| Elder Ray (13): | -0.000099 | |
| Super Trend (3,10): | 0.057122 | |
| Zig ZAG (10): | 0.056610 | |
| VORTEX (21): | 1.0523 | |
| Stochastique (14,3,5): | 20.98 | |
| TEMA (21): | 0.056744 | |
| Williams %R (14): | -94.79 | |
| Chande Momentum Oscillator (20): | -0.000270 | |
| Repulse (5,40,3): | -0.6119 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0058 | |
| Courbe Coppock: | 0.33 |
| MA7: | 0.056241 | |
| MA20: | 0.055532 | |
| MA50: | 0.058058 | |
| MA100: | 0.063541 | |
| MAexp7: | 0.056747 | |
| MAexp20: | 0.056767 | |
| MAexp50: | 0.056686 | |
| MAexp100: | 0.056587 | |
| Price / MA7: | +0.66% | |
| Price / MA20: | +1.94% | |
| Price / MA50: | -2.49% | |
| Price / MA100: | -10.91% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.28% | |
| Price / MAexp50: | -0.13% | |
| Price / MAexp100: | +0.04% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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