CRONOS - CRO/USDT - 15 min. - Technical analysis published on 04/01/2022 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 0.468300 USDT
My targets
0.450200 USDT (-1.10%)
0.440000 USDT (-3.34%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CRONOS - CRO/USDT. As long as you are under the resistance located at 0.468300 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.450200 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.440000 USDT as an objective. Crossing it would then enable sellers to target 0.421900 USDT. If the resistance 0.468300 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.3
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This analysis was given by mickaastrup. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CRONOS - CRO/USDT rating 0.455200 USDT. The price registered a decrease of -1.13% on the session with the lowest point at 0.447200 USDT and the highest point at 0.463400 USDT. The deviation from the price is +1.79% for the low point and -1.77% for the high point.0.447200
0.463400
0.455200
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CRONOS - CRO/USDT in 15 min. shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
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 bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.337500 | 0.433300 | 0.444791 | 0.455200 | 0.459383 | 0.470850 | 0.486400 |
| Change (%) | -25.86% | -4.81% | -2.29% | - | +0.92% | +3.44% | +6.85% |
| Change | -0.117700 | -0.021900 | -0.010409 | - | +0.004183 | +0.015650 | +0.031200 |
| Level | Major | Minor | Major | - | Intermediate | Intermediate | Minor |
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 | 0.421900 | 0.440000 | 0.450200 | 0.468300 | 0.478500 | 0.496600 | 0.506800 |
| Camarilla | 0.452618 | 0.455212 | 0.457806 | 0.460400 | 0.462994 | 0.465588 | 0.468183 |
| Woodie | 0.417950 | 0.438025 | 0.446250 | 0.466325 | 0.474550 | 0.494625 | 0.502850 |
| Fibonacci | 0.440000 | 0.450811 | 0.457489 | 0.468300 | 0.479111 | 0.485789 | 0.496600 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.346533 | 0.373067 | 0.415433 | 0.441967 | 0.484333 | 0.510867 | 0.553233 |
| Camarilla | 0.438853 | 0.445168 | 0.451484 | 0.457800 | 0.464116 | 0.470432 | 0.476748 |
| Woodie | 0.354450 | 0.377025 | 0.423350 | 0.445925 | 0.492250 | 0.514825 | 0.561150 |
| Fibonacci | 0.373067 | 0.399387 | 0.415647 | 0.441967 | 0.468287 | 0.484547 | 0.510867 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.259233 | 0.315667 | 0.388033 | 0.444467 | 0.516833 | 0.573267 | 0.645633 |
| Camarilla | 0.424980 | 0.436787 | 0.448593 | 0.460400 | 0.472207 | 0.484013 | 0.495820 |
| Woodie | 0.267200 | 0.319650 | 0.396000 | 0.448450 | 0.524800 | 0.577250 | 0.653600 |
| Fibonacci | 0.315667 | 0.364868 | 0.395265 | 0.444467 | 0.493668 | 0.524065 | 0.573267 |
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): | 43.18 | |
| MACD (12,26,9): | -0.0018 | |
| Directional Movement: | -12.682826 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.451288 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.449100 | |
| Elder Ray (13): | 0.000222 | |
| Super Trend (3,10): | 0.454749 | |
| Zig ZAG (10): | 0.453800 | |
| VORTEX (21): | 0.7631 | |
| Stochastique (14,3,5): | 78.61 | |
| TEMA (21): | 0.451993 | |
| Williams %R (14): | -15.07 | |
| Chande Momentum Oscillator (20): | 0.005400 | |
| Repulse (5,40,3): | -0.0477 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0827 | |
| Courbe Coppock: | 0.36 |
| MA7: | 0.470643 | |
| MA20: | 0.431645 | |
| MA50: | 0.426810 | |
| MA100: | 0.452811 | |
| MAexp7: | 0.453058 | |
| MAexp20: | 0.454067 | |
| MAexp50: | 0.458824 | |
| MAexp100: | 0.464566 | |
| Price / MA7: | -3.28% | |
| Price / MA20: | +5.46% | |
| Price / MA50: | +6.65% | |
| Price / MA100: | +0.53% | |
| Price / MAexp7: | +0.47% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | -0.79% | |
| Price / MAexp100: | -2.02% |
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.
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