CRONOS - CRO/USD - 1H - Technical analysis published on 09/10/2023 (GMT)
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- 0
- 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
39%
28%
33%
My opinion
Neutral between 0.050937 USD and 0.052480 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 0.050937 USD. The first resistance is located at 0.052480 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, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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
CRONOS - CRO/USD rating 0.051750 USD. The price is lower by -0.08% since the last closing and was between 0.051520 USD and 0.052950 USD. This implies that the price is at +0.45% from its lowest and at -2.27% from its highest.0.051520
0.052950
0.051750
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CRONOS - CRO/USD:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CRONOS - CRO/USD chart shows a slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.050027 | 0.050937 | 0.051750 | 0.051802 | 0.052480 | 0.059511 |
| Change (%) | -3.33% | -1.57% | - | +0.10% | +1.41% | +15.00% |
| Change | -0.001723 | -0.000813 | - | +0.000052 | +0.000730 | +0.007761 |
| Level | Minor | Major | - | Intermediate | Intermediate | 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 | 0.049757 | 0.050763 | 0.051277 | 0.052283 | 0.052797 | 0.053803 | 0.054317 |
| Camarilla | 0.051372 | 0.051511 | 0.051651 | 0.051790 | 0.051929 | 0.052069 | 0.052208 |
| Woodie | 0.049510 | 0.050640 | 0.051030 | 0.052160 | 0.052550 | 0.053680 | 0.054070 |
| Fibonacci | 0.050763 | 0.051344 | 0.051703 | 0.052283 | 0.052864 | 0.053223 | 0.053803 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.045973 | 0.047737 | 0.049763 | 0.051527 | 0.053553 | 0.055317 | 0.057343 |
| Camarilla | 0.050748 | 0.051095 | 0.051443 | 0.051790 | 0.052137 | 0.052485 | 0.052832 |
| Woodie | 0.046105 | 0.047803 | 0.049895 | 0.051593 | 0.053685 | 0.055383 | 0.057475 |
| Fibonacci | 0.047737 | 0.049184 | 0.050079 | 0.051527 | 0.052974 | 0.053869 | 0.055317 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.037563 | 0.043927 | 0.047123 | 0.053487 | 0.056683 | 0.063047 | 0.066243 |
| Camarilla | 0.047691 | 0.048567 | 0.049444 | 0.050320 | 0.051196 | 0.052073 | 0.052949 |
| Woodie | 0.035980 | 0.043135 | 0.045540 | 0.052695 | 0.055100 | 0.062255 | 0.064660 |
| Fibonacci | 0.043927 | 0.047579 | 0.049835 | 0.053487 | 0.057139 | 0.059395 | 0.063047 |
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): | 47.88 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 12.339967 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.052152 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.051948 | |
| Elder Ray (13): | -0.000075 | |
| Super Trend (3,10): | 0.051646 | |
| Zig ZAG (10): | 0.052080 | |
| VORTEX (21): | 1.0498 | |
| Stochastique (14,3,5): | 41.03 | |
| TEMA (21): | 0.052181 | |
| Williams %R (14): | -60.84 | |
| Chande Momentum Oscillator (20): | 0.000200 | |
| Repulse (5,40,3): | -0.1603 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0039 | |
| Courbe Coppock: | 1.45 |
| MA7: | 0.051350 | |
| MA20: | 0.051334 | |
| MA50: | 0.054821 | |
| MA100: | 0.055904 | |
| MAexp7: | 0.052176 | |
| MAexp20: | 0.052153 | |
| MAexp50: | 0.052078 | |
| MAexp100: | 0.051769 | |
| Price / MA7: | +0.78% | |
| Price / MA20: | +0.81% | |
| Price / MA50: | -5.60% | |
| Price / MA100: | -7.43% | |
| Price / MAexp7: | -0.82% | |
| Price / MAexp20: | -0.77% | |
| Price / MAexp50: | -0.63% | |
| 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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