CRONOS - CRO/USD - Daily - Technical analysis published on 11/25/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.169333 USD
My targets
0.203371 USD (+8.18%)
0.242576 USD (+29.04%)
My analysis
CRONOS - CRO/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.169333 USD. The next resistance located at 0.203371 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.242576 USD. After this resistance, buyers could then target 0.376500 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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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 0.187986 USD. The price is lower by -2.15% since the last closing with the lowest point at 0.186922 USD and the highest point at 0.192471 USD. The deviation from the price is +0.57% for the low point and -2.33% for the high point.0.186922
0.192471
0.187986
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of CRONOS - CRO/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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 shows a moderate bullish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.088265 | 0.119489 | 0.169333 | 0.187986 | 0.203371 | 0.376500 | 0.486500 |
| Change (%) | -53.05% | -36.44% | -9.92% | - | +8.18% | +100.28% | +158.80% |
| Change | -0.099721 | -0.068497 | -0.018653 | - | +0.015385 | +0.188514 | +0.298514 |
| Level | Intermediate | Minor | Major | - | Major | Minor | Minor |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 67.13 | |
| MACD (12,26,9): | 0.0263 | |
| Directional Movement: | 28.692969 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.194667 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.179734 | |
| Elder Ray (13): | 0.016144 | |
| Super Trend (3,10): | 0.135454 | |
| Zig ZAG (10): | 0.189700 | |
| VORTEX (21): | 1.2290 | |
| Stochastique (14,3,5): | 72.76 | |
| TEMA (21): | 0.206070 | |
| Williams %R (14): | -40.08 | |
| Chande Momentum Oscillator (20): | 0.020900 | |
| Repulse (5,40,3): | -0.2126 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 3.3126 | |
| Courbe Coppock: | 112.36 |
| MA7: | 0.187885 | |
| MA20: | 0.153843 | |
| MA50: | 0.109311 | |
| MA100: | 0.095963 | |
| MAexp7: | 0.186616 | |
| MAexp20: | 0.160956 | |
| MAexp50: | 0.126402 | |
| MAexp100: | 0.109357 | |
| Price / MA7: | +0.05% | |
| Price / MA20: | +22.19% | |
| Price / MA50: | +71.97% | |
| Price / MA100: | +95.89% | |
| Price / MAexp7: | +0.73% | |
| Price / MAexp20: | +16.79% | |
| Price / MAexp50: | +48.72% | |
| Price / MAexp100: | +71.90% |
Quotes :
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Real time data
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