CRONOS - CRO/USD

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- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	CROUSD
ISIN:

CRONOS - CRO/USD - Daily - Technical analysis published on 04/04/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 0.445036 USD

My targets

0.516000 USD (+9.00%)

0.575467 USD (+21.56%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CRONOS - CRO/USD as long as the price remains well above 0.445036 USD. The buyers' bullish objective is set at 0.516000 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.575467 USD. If there is any crossing, the next objective would be the resistance located at 0.643800 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

5.2

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 CRONOS - CRO/USD rating is 0.473400 USD. The price is lower by -1.48% since the last closing and was traded between 0.471100 USD and 0.480600 USD over the period. The price is currently at +0.49% from its lowest and -1.50% from its highest.

0.471100

0.480600

0.473400

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CRONOS - CRO/USD:

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CRONOS - CRO/USD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.243100	0.337700	0.445036	0.473400	0.516000	0.643800	0.889200
Change (%)	-48.65%	-28.66%	-5.99%	-	+9.00%	+35.99%	+87.83%
Change	-0.230300	-0.135700	-0.028364	-	+0.042600	+0.170400	+0.415800
Level	Intermediate	Major	Major	-	Intermediate	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.462967	0.469233	0.474867	0.481133	0.486767	0.493033	0.498667
Camarilla	0.477228	0.478318	0.479409	0.480500	0.481591	0.482682	0.483773
Woodie	0.462650	0.469075	0.474550	0.480975	0.486450	0.492875	0.498350
Fibonacci	0.469233	0.473779	0.476588	0.481133	0.485679	0.488488	0.493033

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.393167	0.419833	0.449267	0.475933	0.505367	0.532033	0.561467
Camarilla	0.463273	0.468415	0.473558	0.478700	0.483843	0.488985	0.494128
Woodie	0.394550	0.420525	0.450650	0.476625	0.506750	0.532725	0.562850
Fibonacci	0.419833	0.441264	0.454503	0.475933	0.497364	0.510603	0.532033

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.257433	0.314867	0.387733	0.445167	0.518033	0.575467	0.648333
Camarilla	0.424768	0.436712	0.448656	0.460600	0.472544	0.484488	0.496433
Woodie	0.265150	0.318725	0.395450	0.449025	0.525750	0.579325	0.656050
Fibonacci	0.314867	0.364641	0.395392	0.445167	0.494941	0.525692	0.575467

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):	59.22
MACD (12,26,9):	0.0176
Directional Movement:	7.540841
AROON (14):	50.000000
DEMA (21):	0.474622
Parabolic SAR (0,02-0,02-0,2):	0.451380
Elder Ray (13):	0.012221
Super Trend (3,10):	0.426802
Zig ZAG (10):	0.471700
VORTEX (21):	1.2417
Stochastique (14,3,5):	74.81
TEMA (21):	0.489502
Williams %R (14):	-30.96
Chande Momentum Oscillator (20):	0.038300
Repulse (5,40,3):	-1.7759
ROCnROLL:	1
TRIX (15,9):	0.5282
Courbe Coppock:	31.71

MA7:	0.475629
MA20:	0.447565
MA50:	0.426776
MA100:	0.448896
MAexp7:	0.473561
MAexp20:	0.453546
MAexp50:	0.440751
MAexp100:	0.438284
Price / MA7:	-0.47%
Price / MA20:	+5.77%
Price / MA50:	+10.92%
Price / MA100:	+5.46%
Price / MAexp7:	-0.03%
Price / MAexp20:	+4.38%
Price / MAexp50:	+7.41%
Price / MAexp100:	+8.01%

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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