CRESCENT - Daily - Technical analysis published on 11/28/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 0.0097 EUR
My targets
0.0090 EUR (-6.25%)
0.0079 EUR (-18.02%)
My analysis
In a bearish trend, the price of CRESCENT tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.0097 EUR. A bearish break in the support located at 0.0090 EUR would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.0079 EUR. Then 0.0066 EUR by extension. It would be safer to wait for a bearish break in the support located at 0.0090 EUR before allowing yourself to re trade short positions (for sale) on CRESCENT. PS: if there is a bullish break in the resistance located at 0.0097 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CRESCENT price is 0.0096 EUR. The price registered an increase of +4.35% on the session and was between 0.0092 EUR and 0.0096 EUR. This implies that the price is at +4.35% from its lowest and at 0% from its highest.0.0092
0.0096
0.0096
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of CRESCENT in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.0066 | 0.0090 | 0.0096 | 0.0154 | 0.0169 | 0.0180 |
| Change (%) | -31.25% | -6.25% | - | +60.42% | +76.04% | +87.50% |
| Change | -0.0030 | -0.0006 | - | +0.0058 | +0.0073 | +0.0084 |
| Level | Minor | Major | - | Intermediate | Minor | Minor |
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 | 0.0089 | 0.0091 | 0.0093 | 0.0095 | 0.0097 | 0.0099 | 0.0101 |
| Camarilla | 0.0095 | 0.0095 | 0.0096 | 0.0096 | 0.0096 | 0.0097 | 0.0097 |
| Woodie | 0.0090 | 0.0091 | 0.0094 | 0.0095 | 0.0098 | 0.0099 | 0.0102 |
| Fibonacci | 0.0091 | 0.0092 | 0.0093 | 0.0095 | 0.0096 | 0.0097 | 0.0099 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0089 | 0.0091 | 0.0093 | 0.0095 | 0.0097 | 0.0099 | 0.0101 |
| Camarilla | 0.0095 | 0.0095 | 0.0096 | 0.0096 | 0.0096 | 0.0097 | 0.0097 |
| Woodie | 0.0090 | 0.0091 | 0.0094 | 0.0095 | 0.0098 | 0.0099 | 0.0102 |
| Fibonacci | 0.0091 | 0.0092 | 0.0093 | 0.0095 | 0.0096 | 0.0097 | 0.0099 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0001 | 0.0031 | 0.0049 | 0.0079 | 0.0097 | 0.0127 | 0.0145 |
| Camarilla | 0.0055 | 0.0059 | 0.0064 | 0.0068 | 0.0072 | 0.0077 | 0.0081 |
| Woodie | -0.0004 | 0.0028 | 0.0044 | 0.0076 | 0.0092 | 0.0124 | 0.0140 |
| Fibonacci | 0.0031 | 0.0049 | 0.0060 | 0.0079 | 0.0097 | 0.0108 | 0.0127 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.76 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 8.3752 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 0.0083 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0065 | |
| Elder Ray (13): | 0.0008 | |
| Super Trend (3,10): | 0.0073 | |
| Zig ZAG (10): | 0.0096 | |
| VORTEX (21): | 1.1940 | |
| Stochastique (14,3,5): | 84.02 | |
| TEMA (21): | 0.0093 | |
| Williams %R (14): | -11.11 | |
| Chande Momentum Oscillator (20): | 0.0028 | |
| Repulse (5,40,3): | 7.4440 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.5090 | |
| Courbe Coppock: | 67.85 |
| MA7: | 0.0092 | |
| MA20: | 0.0077 | |
| MA50: | 0.0091 | |
| MA100: | 0.0130 | |
| MAexp7: | 0.0090 | |
| MAexp20: | 0.0084 | |
| MAexp50: | 0.0096 | |
| MAexp100: | 0.0120 | |
| Price / MA7: | +4.35% | |
| Price / MA20: | +24.68% | |
| Price / MA50: | +5.49% | |
| Price / MA100: | -26.15% | |
| Price / MAexp7: | +6.67% | |
| Price / MAexp20: | +14.29% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -20.00% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
Don't forget to follow the news on CRESCENT. At the time of publication of this analysis, the latest news was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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