CRYPTO.COM - MCO/USDT - 15 min. - Technical analysis published on 06/25/2020 (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
CRYPTO.COM - MCO/USDT Chart
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
78%
6%
17%
My opinion
Bearish under 4.63 USDT
My targets
4.35 USDT (-1.43%)
4.17 USDT (-5.37%)
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 CRYPTO.COM - MCO/USDT. As long as you are under the resistance located at 4.63 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 4.35 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 4.17 USDT as an objective. Crossing it would then enable sellers to target 3.90 USDT. If the resistance 4.63 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, 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 Addareea.
Additional analysis
Quotes
CRYPTO.COM - MCO/USDT rating 4.41 USDT. The price registered a decrease of -3.29% on the session with the lowest point at 4.38 USDT and the highest point at 4.57 USDT. The deviation from the price is +0.68% for the low point and -3.50% for the high point.4.38
4.57
4.41
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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 15 min. of this CRYPTO.COM - MCO/USDT chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Black gravestone / inverted hammer
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.59 | 3.90 | 4.41 | 4.51 | 4.65 | 4.75 |
| Change (%) | -41.27% | -11.56% | - | +2.27% | +5.44% | +7.71% |
| Change | -1.82 | -0.51 | - | +0.10 | +0.24 | +0.34 |
| Level | Major | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.17 | 4.35 | 4.45 | 4.63 | 4.73 | 4.91 | 5.01 |
| Camarilla | 4.48 | 4.51 | 4.53 | 4.56 | 4.59 | 4.61 | 4.64 |
| Woodie | 4.14 | 4.33 | 4.42 | 4.61 | 4.70 | 4.89 | 4.98 |
| Fibonacci | 4.35 | 4.45 | 4.52 | 4.63 | 4.73 | 4.80 | 4.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.13 | 4.39 | 4.65 | 4.91 | 5.17 | 5.43 | 5.69 |
| Camarilla | 4.77 | 4.82 | 4.86 | 4.91 | 4.96 | 5.01 | 5.05 |
| Woodie | 4.13 | 4.39 | 4.65 | 4.91 | 5.17 | 5.43 | 5.69 |
| Fibonacci | 4.39 | 4.59 | 4.71 | 4.91 | 5.11 | 5.23 | 5.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.81 | 4.36 | 4.88 | 5.43 | 5.96 | 6.50 | 7.03 |
| Camarilla | 5.12 | 5.21 | 5.31 | 5.41 | 5.51 | 5.61 | 5.71 |
| Woodie | 3.80 | 4.35 | 4.87 | 5.43 | 5.95 | 6.50 | 7.02 |
| Fibonacci | 4.36 | 4.77 | 5.02 | 5.43 | 5.84 | 6.09 | 6.50 |
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): | 65.27 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 24.24 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 4.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.39 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 4.39 | |
| Zig ZAG (10): | 4.43 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 84.80 | |
| TEMA (21): | 4.41 | |
| Williams %R (14): | -2.38 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.4400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.28 |
| MA7: | 4.76 | |
| MA20: | 4.98 | |
| MA50: | 5.29 | |
| MA100: | 5.12 | |
| MAexp7: | 4.41 | |
| MAexp20: | 4.40 | |
| MAexp50: | 4.42 | |
| MAexp100: | 4.48 | |
| Price / MA7: | -7.35% | |
| Price / MA20: | -11.45% | |
| Price / MA50: | -16.64% | |
| Price / MA100: | -13.87% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | -1.56% |
Quotes :
2020-06-25 21:38:28
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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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