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 02/15/2022 (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

17%

44%

39%

My opinion

Bullish above 0.307233 USDT

My targets

0.569033 USDT (+18.50%)

0.709767 USDT (+47.81%)

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.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

5.2

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 0.480200 USDT. The price is lower by -1.36% over the 5 days and has been traded over the last 5 days between 0.469400 USDT and 0.541900 USDT. This implies that the 5 day price is +2.30% from its lowest point and -11.39% from its highest point.

0.469400

0.541900

0.480200

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

Technical analysis of this Weekly chart of CRYPTO.COM COIN - CRO/USDT indicates that the overall trend is strongly bullish. 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, only 8 technical indicators out of 18 studied are currently positioned bearish. No additional result has been identified by Central Indicators, the scanner specialised in 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	0.480200	0.886700
Change (%)	-81.43%	-49.08%	-	+84.65%
Change	-0.391039	-0.235678	-	+0.406500
Level	Minor	Major	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.409233	0.435767	0.452633	0.479167	0.496033	0.522567	0.539433
Camarilla	0.457565	0.461543	0.465522	0.469500	0.473478	0.477457	0.481435
Woodie	0.404400	0.433350	0.447800	0.476750	0.491200	0.520150	0.534600
Fibonacci	0.435767	0.452346	0.462588	0.479167	0.495746	0.505988	0.522567

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):	54.82
MACD (12,26,9):	0.0621
Directional Movement:	15.599187
AROON (14):	14.285714
DEMA (21):	0.523658
Parabolic SAR (0,02-0,02-0,2):	0.738869
Elder Ray (13):	0.028162
Super Trend (3,10):	0.763372
Zig ZAG (10):	0.465400
VORTEX (21):	1.1167
Stochastique (14,3,5):	26.91
TEMA (21):	0.525145
Williams %R (14):	-78.54
Chande Momentum Oscillator (20):	-0.285600
Repulse (5,40,3):	-5.1519
ROCnROLL:	-1
TRIX (15,9):	4.1611
Courbe Coppock:	134.23

MA7:	0.490200
MA20:	0.455240
MA50:	0.464674
MA100:	0.522327
MAexp7:	0.469781
MAexp20:	0.432170
MAexp50:	0.317703
MAexp100:	0.222985
Price / MA7:	-2.04%
Price / MA20:	+5.48%
Price / MA50:	+3.34%
Price / MA100:	-8.07%
Price / MAexp7:	+2.22%
Price / MAexp20:	+11.11%
Price / MAexp50:	+51.15%
Price / MAexp100:	+115.35%

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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