CRONOS - CRO/USD

- USD (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	CROUSD
ISIN:

CRONOS - CRO/USD - 1H - Technical analysis published on 11/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bearish

Technical indicators

44%

11%

44%

My opinion

Bearish under 0.191150 USD

My targets

0.184662 USD (-1.40%)

0.169333 USD (-9.58%)

My analysis

The basic trend is currently slightly bearish on CRONOS - CRO/USD and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 0.191150 USD, sales could be favoured. The first bearish objective would be located at 0.184662 USD. Sellers would then use the next support located at 0.169333 USD as an objective. Crossing it would then enable sellers to target 0.153371 USD. A return to above the resistance at 0.191150 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.7

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 LJ93612. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CRONOS - CRO/USD rating is 0.187279 USD. On the day, this instrument lost -2.51% with the lowest point at 0.186922 USD and the highest point at 0.192471 USD. The deviation from the price is +0.19% for the low point and -2.70% for the high point.

0.186922

0.192471

0.187279

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 : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of CRONOS - CRO/USD indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found this result concerning these indicators:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.153371	0.169333	0.184662	0.187279	0.191150	0.196271	0.203371
Change (%)	-18.11%	-9.58%	-1.40%	-	+2.07%	+4.80%	+8.59%
Change	-0.033908	-0.017946	-0.002617	-	+0.003871	+0.008992	+0.016092
Level	Minor	Major	Minor	-	Major	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	0.151245	0.165490	0.178798	0.193043	0.206351	0.220596	0.233904
Camarilla	0.184530	0.187056	0.189581	0.192107	0.194633	0.197158	0.199684
Woodie	0.150778	0.165256	0.178331	0.192809	0.205884	0.220362	0.233437
Fibonacci	0.165490	0.176015	0.182517	0.193043	0.203568	0.210070	0.220596

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.115202	0.134132	0.169424	0.188354	0.223646	0.242576	0.277868
Camarilla	0.189804	0.194774	0.199745	0.204715	0.209685	0.214656	0.219626
Woodie	0.123382	0.138223	0.177604	0.192445	0.231826	0.246667	0.286048
Fibonacci	0.134132	0.154845	0.167642	0.188354	0.209067	0.221864	0.242576

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.058208	0.064563	0.068778	0.075133	0.079348	0.085703	0.089918
Camarilla	0.070085	0.071054	0.072023	0.072992	0.073961	0.074930	0.075899
Woodie	0.057137	0.064028	0.067707	0.074598	0.078277	0.085168	0.088847
Fibonacci	0.064563	0.068601	0.071096	0.075133	0.079171	0.081666	0.085703

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):	48.99
MACD (12,26,9):	-0.0013
Directional Movement:	-6.049484
AROON (14):	-35.714286
DEMA (21):	0.188646
Parabolic SAR (0,02-0,02-0,2):	0.181862
Elder Ray (13):	0.001094
Super Trend (3,10):	0.195462
Zig ZAG (10):	0.189521
VORTEX (21):	0.9022
Stochastique (14,3,5):	80.62
TEMA (21):	0.187879
Williams %R (14):	-26.61
Chande Momentum Oscillator (20):	0.001616
Repulse (5,40,3):	-1.3941
ROCnROLL:	2
TRIX (15,9):	-0.1672
Courbe Coppock:	3.11

MA7:	0.187885
MA20:	0.153843
MA50:	0.109311
MA100:	0.095963
MAexp7:	0.189662
MAexp20:	0.190806
MAexp50:	0.191844
MAexp100:	0.189036
Price / MA7:	-0.32%
Price / MA20:	+21.73%
Price / MA50:	+71.33%
Price / MA100:	+95.16%
Price / MAexp7:	-1.26%
Price / MAexp20:	-1.85%
Price / MAexp50:	-2.38%
Price / MAexp100:	-0.93%

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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