CRONOS - CRO/USDT - Daily - Technical analysis published on 02/14/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 0.440500 USDT
My targets
0.499400 USDT (+3.96%)
0.569033 USDT (+18.45%)
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.
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
4.5
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This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CRYPTO.COM COIN - CRO/USDT rating 0.480400 USDT. The price is lower by -4.04% since the last closing and was between 0.471600 USDT and 0.505700 USDT. This implies that the price is at +1.87% from its lowest and at -5.00% from its highest.0.471600
0.505700
0.480400
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
A study of price movements over other periods shows the following variations:
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 market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.244522 | 0.337500 | 0.440500 | 0.480400 | 0.499400 | 0.644000 | 0.886700 |
Change (%) | -49.10% | -29.75% | -8.31% | - | +3.96% | +34.05% | +84.58% |
Change | -0.235878 | -0.142900 | -0.039900 | - | +0.019000 | +0.163600 | +0.406300 |
Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | 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): | 52.62 | |
MACD (12,26,9): | 0.0121 | |
Directional Movement: | 9.209061 | |
AROON (14): | 50.000000 | |
DEMA (21): | 0.474876 | |
Parabolic SAR (0,02-0,02-0,2): | 0.541900 | |
Elder Ray (13): | 0.015762 | |
Super Trend (3,10): | 0.416100 | |
Zig ZAG (10): | 0.474600 | |
VORTEX (21): | 1.2068 | |
Stochastique (14,3,5): | 63.61 | |
TEMA (21): | 0.499614 | |
Williams %R (14): | -44.91 | |
Chande Momentum Oscillator (20): | 0.071800 | |
Repulse (5,40,3): | -7.9122 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.1552 | |
Courbe Coppock: | 36.49 |
MA7: | 0.492929 | |
MA20: | 0.451940 | |
MA50: | 0.467838 | |
MA100: | 0.521184 | |
MAexp7: | 0.483897 | |
MAexp20: | 0.464540 | |
MAexp50: | 0.468329 | |
MAexp100: | 0.451114 | |
Price / MA7: | -2.54% | |
Price / MA20: | +6.30% | |
Price / MA50: | +2.69% | |
Price / MA100: | -7.83% | |
Price / MAexp7: | -0.72% | |
Price / MAexp20: | +3.41% | |
Price / MAexp50: | +2.58% | |
Price / MAexp100: | +6.49% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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