CRONOS - CRO/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	CROUSDT
ISIN:

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

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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 (+17.91%)

0.709767 USDT (+47.07%)

My analysis

CRYPTO.COM COIN - CRO/USDT 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 0.307233 USDT. The next resistance located at 0.569033 USDT 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 0.709767 USDT. After this resistance, buyers could then target 0.886700 USDT. 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.

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

CRYPTO.COM COIN - CRO/USDT rating 0.482600 USDT. The price registered a decrease of -0.86% over 5 days and was traded between 0.469400 USDT and 0.541900 USDT over the period. The price is currently at +2.81% from its lowest point and -10.94% from its highest point.

0.469400

0.541900

0.482600

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1
ProTrendLines	0.089161	0.244522	0.482600	0.886700
Change (%)	-81.52%	-49.33%	-	+83.73%
Change	-0.393439	-0.238078	-	+0.404100
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 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):	56.17
MACD (12,26,9):	0.0635
Directional Movement:	15.698586
AROON (14):	14.285714
DEMA (21):	0.526747
Parabolic SAR (0,02-0,02-0,2):	0.738869
Elder Ray (13):	0.030220
Super Trend (3,10):	0.763372
Zig ZAG (10):	0.483200
VORTEX (21):	1.1206
Stochastique (14,3,5):	27.83
TEMA (21):	0.529721
Williams %R (14):	-75.69
Chande Momentum Oscillator (20):	-0.267500
Repulse (5,40,3):	1.5720
ROCnROLL:	1
TRIX (15,9):	4.1731
Courbe Coppock:	135.58

MA7:	0.494214
MA20:	0.452360
MA50:	0.468010
MA100:	0.521271
MAexp7:	0.474106
MAexp20:	0.433855
MAexp50:	0.318398
MAexp100:	0.223335
Price / MA7:	-2.35%
Price / MA20:	+6.68%
Price / MA50:	+3.12%
Price / MA100:	-7.42%
Price / MAexp7:	+1.79%
Price / MAexp20:	+11.24%
Price / MAexp50:	+51.57%
Price / MAexp100:	+116.09%

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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