CRONOS - CRO/USD

- USD (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	CROUSD
ISIN:

CRONOS - CRO/USD - Daily - Technical analysis published on 01/06/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

17%

61%

22%

My opinion

Bearish under 0.532800 USD

My targets

0.430633 USD (-12.06%)

0.392900 USD (-19.77%)

My analysis

The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for CRYPTO.COM COIN - CRO/USD as long as the price remains well below 0.532800 USD. The sellers' bearish objective is set at 0.430633 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.392900 USD. If there is any crossing, the next objective would be the support located at 0.243100 USD.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

2.9

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CRYPTO.COM COIN - CRO/USD rating is 0.489700 USD. The price is lower by -2.45% since the last closing and was traded between 0.488300 USD and 0.509700 USD over the period. The price is currently at +0.29% from its lowest and -3.92% from its highest.

0.488300

0.509700

0.489700

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of CRYPTO.COM COIN - CRO/USD indicates that the overall trend is not clearly defined. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Three black crows

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.057635	0.243100	0.392900	0.489700	0.500200	0.563200	0.643800
Change (%)	-88.23%	-50.36%	-19.77%	-	+2.14%	+15.01%	+31.47%
Change	-0.432065	-0.246600	-0.096800	-	+0.010500	+0.073500	+0.154100
Level	Major	Intermediate	Minor	-	Major	Intermediate	Intermediate

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	0.390200	0.435600	0.468800	0.514200	0.547400	0.592800	0.626000
Camarilla	0.480385	0.487590	0.494795	0.502000	0.509205	0.516410	0.523615
Woodie	0.384100	0.432550	0.462700	0.511150	0.541300	0.589750	0.619900
Fibonacci	0.435600	0.465625	0.484175	0.514200	0.544225	0.562775	0.592800

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.420800	0.480200	0.532800	0.592200	0.644800	0.704200	0.756800
Camarilla	0.554600	0.564867	0.575133	0.585400	0.595667	0.605933	0.616200
Woodie	0.417400	0.478500	0.529400	0.590500	0.641400	0.702500	0.753400
Fibonacci	0.480200	0.522984	0.549416	0.592200	0.634984	0.661416	0.704200

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.131833	0.304967	0.430633	0.603767	0.729433	0.902567	1.028233
Camarilla	0.474130	0.501520	0.528910	0.556300	0.583690	0.611080	0.638470
Woodie	0.108100	0.293100	0.406900	0.591900	0.705700	0.890700	1.004500
Fibonacci	0.304967	0.419108	0.489625	0.603767	0.717908	0.788425	0.902567

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	38.73
MACD (12,26,9):	-0.0116
Directional Movement:	-10.392923
AROON (14):	-85.714283
DEMA (21):	0.547685
Parabolic SAR (0,02-0,02-0,2):	0.685232
Elder Ray (13):	-0.052765
Super Trend (3,10):	0.629115
Zig ZAG (10):	0.491900
VORTEX (21):	0.9438
Stochastique (14,3,5):	10.46
TEMA (21):	0.527186
Williams %R (14):	-94.39
Chande Momentum Oscillator (20):	-0.151100
Repulse (5,40,3):	-12.9103
ROCnROLL:	2
TRIX (15,9):	-0.1383
Courbe Coppock:	4.85

MA7:	0.548857
MA20:	0.561255
MA50:	0.610560
MA100:	0.428260
MAexp7:	0.537266
MAexp20:	0.559276
MAexp50:	0.541166
MAexp100:	0.459755
Price / MA7:	-10.78%
Price / MA20:	-12.75%
Price / MA50:	-19.79%
Price / MA100:	+14.35%
Price / MAexp7:	-8.85%
Price / MAexp20:	-12.44%
Price / MAexp50:	-9.51%
Price / MAexp100:	+6.51%

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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