CRONOS - CRO/USDT - 15 min. - Technical analysis published on 06/28/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.114500 USDT
My targets
0.119000 USDT (+0.85%)
0.119900 USDT (+1.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CRYPTO.COM CHAIN TOKEN - CRO/USDT as long as the price remains well above 0.114500 USDT. The buyers” bullish objective is set at 0.119000 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.119900 USDT. If there is any crossing, the next objective would be the resistance located at 0.126100 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CRYPTO.COM CHAIN TOKEN - CRO/USDT rating is 0.118000 USDT. The price has increased by +5.08% since the last closing and was between 0.111700 USDT and 0.118300 USDT. This implies that the price is at +5.64% from its lowest and at -0.25% from its highest.0.111700
0.118300
0.118000
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
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 15 min. chart of CRYPTO.COM CHAIN TOKEN - CRO/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
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 : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.105400 | 0.113259 | 0.117100 | 0.118000 | 0.119900 | 0.126100 |
| Change (%) | -10.68% | -4.02% | -0.76% | - | +1.61% | +6.86% |
| Change | -0.012600 | -0.004741 | -0.000900 | - | +0.001900 | +0.008100 |
| Level | Minor | Intermediate | Major | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.105500 | 0.107700 | 0.110000 | 0.112200 | 0.114500 | 0.116700 | 0.119000 |
| Camarilla | 0.111063 | 0.111475 | 0.111888 | 0.112300 | 0.112713 | 0.113125 | 0.113538 |
| Woodie | 0.105550 | 0.107725 | 0.110050 | 0.112225 | 0.114550 | 0.116725 | 0.119050 |
| Fibonacci | 0.107700 | 0.109419 | 0.110481 | 0.112200 | 0.113919 | 0.114981 | 0.116700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.089900 | 0.099900 | 0.106100 | 0.116100 | 0.122300 | 0.132300 | 0.138500 |
| Camarilla | 0.107845 | 0.109330 | 0.110815 | 0.112300 | 0.113785 | 0.115270 | 0.116755 |
| Woodie | 0.088000 | 0.098950 | 0.104200 | 0.115150 | 0.120400 | 0.131350 | 0.136600 |
| Fibonacci | 0.099900 | 0.106088 | 0.109912 | 0.116100 | 0.122288 | 0.126112 | 0.132300 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035433 | 0.045567 | 0.065043 | 0.075177 | 0.094653 | 0.104787 | 0.124263 |
| Camarilla | 0.076377 | 0.079092 | 0.081806 | 0.084520 | 0.087234 | 0.089949 | 0.092663 |
| Woodie | 0.040105 | 0.047903 | 0.069715 | 0.077513 | 0.099325 | 0.107123 | 0.128935 |
| Fibonacci | 0.045567 | 0.056878 | 0.063866 | 0.075177 | 0.086488 | 0.093476 | 0.104787 |
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): | 90.02 | |
| MACD (12,26,9): | 0.0012 | |
| Directional Movement: | 45.665590 | |
| AROON (14): | 78.571426 | |
| DEMA (21): | 0.117705 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.117115 | |
| Elder Ray (13): | 0.001008 | |
| Super Trend (3,10): | 0.116909 | |
| Zig ZAG (10): | 0.118000 | |
| VORTEX (21): | 1.4810 | |
| Stochastique (14,3,5): | 96.54 | |
| TEMA (21): | 0.118425 | |
| Williams %R (14): | -2.63 | |
| Chande Momentum Oscillator (20): | 0.003300 | |
| Repulse (5,40,3): | 0.0475 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1280 | |
| Courbe Coppock: | 5.91 |
| MA7: | 0.118971 | |
| MA20: | 0.114860 | |
| MA50: | 0.092855 | |
| MA100: | 0.071929 | |
| MAexp7: | 0.117690 | |
| MAexp20: | 0.116259 | |
| MAexp50: | 0.114772 | |
| MAexp100: | 0.113991 | |
| Price / MA7: | -0.82% | |
| Price / MA20: | +2.73% | |
| Price / MA50: | +27.08% | |
| Price / MA100: | +64.05% | |
| Price / MAexp7: | +0.26% | |
| Price / MAexp20: | +1.50% | |
| Price / MAexp50: | +2.81% | |
| Price / MAexp100: | +3.52% |
Quotes :
2020-06-28 10:52:41
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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.
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