CRONOS - CRO/USDT

- USDT (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	CROUSDT
ISIN:

CRONOS - CRO/USDT - Weekly - Technical analysis published on 02/14/2022 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

33%

My opinion

Bullish above 0.307233 USDT

My targets

0.569033 USDT (+17.33%)

0.709767 USDT (+46.34%)

My analysis

The bullish trend is currently very strong on CRYPTO.COM COIN - CRO/USDT. As long as the price remains above the support at 0.307233 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.569033 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.709767 USDT as an objective. Crossing it would then enable buyers to target 0.886700 USDT. 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 not called into question, despite technical indicators being indecisive.

Force

6.1

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

Additional analysis

Quotes

The CRYPTO.COM COIN - CRO/USDT rating is 0.485000 USDT. The price registered a decrease of -0.37% over 5 days and was traded between 0.469400 USDT and 0.541900 USDT over the period. The price is currently at +3.32% from its lowest point and -10.50% from its highest point.

0.469400

0.541900

0.485000

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

Here is a more detailed summary of the historical variations registered by CRYPTO.COM COIN - CRO/USDT:

Technical

A technical analysis in Weekly of this CRYPTO.COM COIN - CRO/USDT 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.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 6 are neutral and 6 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S2	S1	Price	R1
ProTrendLines	0.089161	0.244522	0.485000	0.886700
Change (%)	-81.62%	-49.58%	-	+82.82%
Change	-0.395839	-0.240478	-	+0.401700
Level	Minor	Major	-	Major

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	0.446667	0.464933	0.482767	0.501033	0.518867	0.537133	0.554967
Camarilla	0.490673	0.493982	0.497291	0.500600	0.503909	0.507218	0.510528
Woodie	0.446450	0.464825	0.482550	0.500925	0.518650	0.537025	0.554750
Fibonacci	0.464933	0.478724	0.487243	0.501033	0.514824	0.523343	0.537133

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.342967	0.393833	0.440167	0.491033	0.537367	0.588233	0.634567
Camarilla	0.459770	0.468680	0.477590	0.486500	0.495410	0.504320	0.513230
Woodie	0.340700	0.392700	0.437900	0.489900	0.535100	0.587100	0.632300
Fibonacci	0.393833	0.430964	0.453903	0.491033	0.528164	0.551103	0.588233

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.045433	0.186167	0.307233	0.447967	0.569033	0.709767	0.830833
Camarilla	0.356305	0.380303	0.404302	0.428300	0.452298	0.476297	0.500295
Woodie	0.035600	0.181250	0.297400	0.443050	0.559200	0.704850	0.821000
Fibonacci	0.186167	0.286174	0.347959	0.447967	0.547974	0.609759	0.709767

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):	56.22
MACD (12,26,9):	0.0636
Directional Movement:	15.722286
AROON (14):	14.285714
DEMA (21):	0.526920
Parabolic SAR (0,02-0,02-0,2):	0.738869
Elder Ray (13):	0.031234
Super Trend (3,10):	0.763372
Zig ZAG (10):	0.484100
VORTEX (21):	1.1216
Stochastique (14,3,5):	27.88
TEMA (21):	0.529895
Williams %R (14):	-75.57
Chande Momentum Oscillator (20):	-0.266400
Repulse (5,40,3):	1.6897
ROCnROLL:	1
TRIX (15,9):	4.1740
Courbe Coppock:	135.69

MA7:	0.494386
MA20:	0.452425
MA50:	0.468036
MA100:	0.521281
MAexp7:	0.474656
MAexp20:	0.433884
MAexp50:	0.318413
MAexp100:	0.223349
Price / MA7:	-1.90%
Price / MA20:	+7.20%
Price / MA50:	+3.62%
Price / MA100:	-6.96%
Price / MAexp7:	+2.18%
Price / MAexp20:	+11.78%
Price / MAexp50:	+52.32%
Price / MAexp100:	+117.15%

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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