CRONOS - CRO/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	CROUSD
ISIN:

CRONOS - CRO/USD - Daily - Technical analysis published on 03/18/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

56%

11%

33%

My opinion

Neutral between 0.063130 USD and 0.082633 USD

My targets

My analysis

The short-term increase on CRONOS - CRO/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.082633 USD. The first support is located at 0.063130 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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

Additional analysis

Quotes

CRONOS - CRO/USD rating 0.073800 USD. The price is lower by -0.14% since the last closing and was traded between 0.072800 USD and 0.074400 USD over the period. The price is currently at +1.37% from its lowest and -0.81% from its highest.

0.072800

0.074400

0.073800

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of CRONOS - CRO/USD in Daily shows an overall slightly bearish trend. 50.00% 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 overall trend could be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	R1	Price	R2	R3
ProTrendLines	0.056130	0.063130	0.073800	0.073800	0.086800	0.101933
Change (%)	-23.94%	-14.46%	0%	-	+17.62%	+38.12%
Change	-0.017670	-0.010670	0	-	+0.013000	+0.028133
Level	Major	Intermediate	Intermediate	-	Minor	Intermediate

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	0.067433	0.068767	0.071333	0.072667	0.075233	0.076567	0.079133
Camarilla	0.072828	0.073185	0.073543	0.073900	0.074258	0.074615	0.074973
Woodie	0.068050	0.069075	0.071950	0.072975	0.075850	0.076875	0.079750
Fibonacci	0.068767	0.070257	0.071177	0.072667	0.074157	0.075077	0.076567

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.044300	0.052200	0.058500	0.066400	0.072700	0.080600	0.086900
Camarilla	0.060895	0.062197	0.063498	0.064800	0.066102	0.067403	0.068705
Woodie	0.043500	0.051800	0.057700	0.066000	0.071900	0.080200	0.086100
Fibonacci	0.052200	0.057624	0.060976	0.066400	0.071824	0.075176	0.080600

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.050067	0.061033	0.071667	0.082633	0.093267	0.104233	0.114867
Camarilla	0.076360	0.078340	0.080320	0.082300	0.084280	0.086260	0.088240
Woodie	0.049900	0.060950	0.071500	0.082550	0.093100	0.104150	0.114700
Fibonacci	0.061033	0.069285	0.074382	0.082633	0.090885	0.095982	0.104233

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):	50.87
MACD (12,26,9):	-0.0015
Directional Movement:	5.612244
AROON (14):	28.571428
DEMA (21):	0.069997
Parabolic SAR (0,02-0,02-0,2):	0.061373
Elder Ray (13):	0.002241
Super Trend (3,10):	0.074677
Zig ZAG (10):	0.073400
VORTEX (21):	0.9343
Stochastique (14,3,5):	75.57
TEMA (21):	0.069136
Williams %R (14):	-18.29
Chande Momentum Oscillator (20):	0.001100
Repulse (5,40,3):	4.5526
ROCnROLL:	-1
TRIX (15,9):	-0.4394
Courbe Coppock:	13.66

MA7:	0.071371
MA20:	0.072325
MA50:	0.076742
MA100:	0.070016
MAexp7:	0.071441
MAexp20:	0.072166
MAexp50:	0.073695
MAexp100:	0.076185
Price / MA7:	+3.40%
Price / MA20:	+2.04%
Price / MA50:	-3.83%
Price / MA100:	+5.40%
Price / MAexp7:	+3.30%
Price / MAexp20:	+2.26%
Price / MAexp50:	+0.14%
Price / MAexp100:	-3.13%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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