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)

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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

28%

33%

39%

My opinion

Bullish above 0.307233 USDT

My targets

0.569033 USDT (+17.91%)

0.709767 USDT (+47.07%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CRYPTO.COM COIN - CRO/USDT as long as the price remains well above 0.307233 USDT. The buyers' bullish objective is set at 0.569033 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.709767 USDT. If there is any crossing, the next objective would be the resistance located at 0.886700 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

5.9

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 0.482600 USDT. The price registered a decrease of -6.31% over 5 days with the lowest point at 0.469400 USDT and the highest point at 0.524100 USDT. The deviation from the price is +2.81% for the low point and -7.92% for the high point.

0.469400

0.524100

0.482600

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Weekly of this CRYPTO.COM COIN - CRO/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

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

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):	56.17
MACD (12,26,9):	0.0635
Directional Movement:	15.599187
AROON (14):	14.285714
DEMA (21):	0.526851
Parabolic SAR (0,02-0,02-0,2):	0.738869
Elder Ray (13):	0.025548
Super Trend (3,10):	0.763372
Zig ZAG (10):	0.483500
VORTEX (21):	1.1167
Stochastique (14,3,5):	27.83
TEMA (21):	0.529646
Williams %R (14):	-75.72
Chande Momentum Oscillator (20):	-0.267400
Repulse (5,40,3):	2.8122
ROCnROLL:	1
TRIX (15,9):	4.1731
Courbe Coppock:	135.60

MA7:	0.491714
MA20:	0.455885
MA50:	0.464934
MA100:	0.522456
MAexp7:	0.474431
MAexp20:	0.433846
MAexp50:	0.318401
MAexp100:	0.223339
Price / MA7:	-1.85%
Price / MA20:	+5.86%
Price / MA50:	+3.80%
Price / MA100:	-7.63%
Price / MAexp7:	+1.72%
Price / MAexp20:	+11.24%
Price / MAexp50:	+51.57%
Price / MAexp100:	+116.08%

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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