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 - Daily - Technical analysis published on 02/14/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

50%

11%

39%

My opinion

Bullish above 0.440500 USDT

My targets

0.499400 USDT (+2.99%)

0.569033 USDT (+17.35%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on CRYPTO.COM COIN - CRO/USDT. This is a positive signal for buyers. As long as the price remains above 0.440500 USDT, a purchase could be considered. The first bullish objective is located at 0.499400 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.569033 USDT as an objective. Crossing it would then enable buyers to target 0.644000 USDT. In the event of a return below 0.440500 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

4.8

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 0.484900 USDT. On the day, this instrument lost -3.14% and was between 0.473800 USDT and 0.505700 USDT. This implies that the price is at +2.34% from its lowest and at -4.11% from its highest.

0.473800

0.505700

0.484900

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 Daily of this CRYPTO.COM COIN - CRO/USDT chart shows a bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced 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 adaptative moving average 50

Type : Bearish

Timeframe : Daily

The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.244522	0.337500	0.440500	0.484900	0.499400	0.644000	0.886700
Change (%)	-49.57%	-30.40%	-9.16%	-	+2.99%	+32.81%	+82.86%
Change	-0.240378	-0.147400	-0.044400	-	+0.014500	+0.159100	+0.401800
Level	Major	Intermediate	Intermediate	-	Intermediate	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	0.446667	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):	54.84
MACD (12,26,9):	0.0129
Directional Movement:	9.696680
AROON (14):	50.000000
DEMA (21):	0.476560
Parabolic SAR (0,02-0,02-0,2):	0.541900
Elder Ray (13):	0.015505
Super Trend (3,10):	0.416100
Zig ZAG (10):	0.484100
VORTEX (21):	1.2107
Stochastique (14,3,5):	65.78
TEMA (21):	0.502101
Williams %R (14):	-38.19
Chande Momentum Oscillator (20):	0.082000
Repulse (5,40,3):	-3.8413
ROCnROLL:	1
TRIX (15,9):	0.1598
Courbe Coppock:	37.40

MA7:	0.494386
MA20:	0.452425
MA50:	0.468036
MA100:	0.521281
MAexp7:	0.486447
MAexp20:	0.465454
MAexp50:	0.468713
MAexp100:	0.451311
Price / MA7:	-1.92%
Price / MA20:	+7.18%
Price / MA50:	+3.60%
Price / MA100:	-6.98%
Price / MAexp7:	-0.32%
Price / MAexp20:	+4.18%
Price / MAexp50:	+3.45%
Price / MAexp100:	+7.44%

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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