CRONOS - CRO/USD - 1H - Technical analysis published on 11/05/2023 (GMT)
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- Timeframe : 1H
- - 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
67%
6%
28%
My opinion
Bullish above 0.066760 USD
My targets
0.071559 USD (+4.94%)
0.078220 USD (+14.70%)
My analysis
The bullish trend is currently very strong on CRONOS - CRO/USD. As long as the price remains above the support at 0.066760 USD, you could try to benefit from the boom. The first bullish objective is located at 0.071559 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.078220 USD as an objective. Crossing it would then enable buyers to target 0.337700 USD. 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
8
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Additional analysis
Quotes
The CRONOS - CRO/USD rating is 0.068193 USD. On the day, this instrument lost -0.16% with the lowest point at 0.067647 USD and the highest point at 0.068739 USD. The deviation from the price is +0.81% for the low point and -0.79% for the high point.0.067647
0.068739
0.068193
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this CRONOS - CRO/USD chart shows a strongly bullish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
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 which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.061125 | 0.065024 | 0.066760 | 0.068193 | 0.068428 | 0.078220 | 0.337700 |
| Change (%) | -10.36% | -4.65% | -2.10% | - | +0.34% | +14.70% | +395.21% |
| Change | -0.007068 | -0.003169 | -0.001433 | - | +0.000235 | +0.010027 | +0.269507 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | Minor |
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 | 0.064320 | 0.065156 | 0.066728 | 0.067564 | 0.069136 | 0.069972 | 0.071544 |
| Camarilla | 0.067638 | 0.067859 | 0.068079 | 0.068300 | 0.068521 | 0.068742 | 0.068962 |
| Woodie | 0.064688 | 0.065340 | 0.067096 | 0.067748 | 0.069504 | 0.070156 | 0.071912 |
| Fibonacci | 0.065156 | 0.066076 | 0.066644 | 0.067564 | 0.068484 | 0.069052 | 0.069972 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.052259 | 0.055519 | 0.061909 | 0.065169 | 0.071559 | 0.074819 | 0.081209 |
| Camarilla | 0.065646 | 0.066531 | 0.067415 | 0.068300 | 0.069185 | 0.070069 | 0.070954 |
| Woodie | 0.053825 | 0.056302 | 0.063475 | 0.065952 | 0.073125 | 0.075602 | 0.082775 |
| Fibonacci | 0.055519 | 0.059205 | 0.061482 | 0.065169 | 0.068855 | 0.071132 | 0.074819 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.039882 | 0.044338 | 0.053185 | 0.057641 | 0.066488 | 0.070944 | 0.079791 |
| Camarilla | 0.058375 | 0.059594 | 0.060814 | 0.062033 | 0.063252 | 0.064472 | 0.065691 |
| Woodie | 0.042079 | 0.045436 | 0.055382 | 0.058739 | 0.068685 | 0.072042 | 0.081988 |
| Fibonacci | 0.044338 | 0.049419 | 0.052559 | 0.057641 | 0.062722 | 0.065862 | 0.070944 |
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): | 59.60 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 21.278483 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.068339 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.067208 | |
| Elder Ray (13): | 0.000230 | |
| Super Trend (3,10): | 0.066943 | |
| Zig ZAG (10): | 0.068195 | |
| VORTEX (21): | 1.1063 | |
| Stochastique (14,3,5): | 79.45 | |
| TEMA (21): | 0.068315 | |
| Williams %R (14): | -34.95 | |
| Chande Momentum Oscillator (20): | 0.001048 | |
| Repulse (5,40,3): | -0.0931 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0963 | |
| Courbe Coppock: | 2.99 |
| MA7: | 0.065040 | |
| MA20: | 0.059044 | |
| MA50: | 0.054054 | |
| MA100: | 0.053919 | |
| MAexp7: | 0.068100 | |
| MAexp20: | 0.067720 | |
| MAexp50: | 0.066686 | |
| MAexp100: | 0.065088 | |
| Price / MA7: | +4.85% | |
| Price / MA20: | +15.50% | |
| Price / MA50: | +26.16% | |
| Price / MA100: | +26.47% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.70% | |
| Price / MAexp50: | +2.26% | |
| Price / MAexp100: | +4.77% |
Quotes :
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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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