CRONOS - CRO/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	CROUSD
ISIN:

CRONOS - CRO/USD - 1H - Technical analysis published on 04/27/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

My opinion

Bearish under 0.127288 USD

My targets

0.121444 USD (-2.33%)

0.114466 USD (-7.95%)

My analysis

CRONOS - CRO/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.127288 USD. The next support located at 0.121444 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.114466 USD. Below this support, sellers could then target 0.108193 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

6.1

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

The CRONOS - CRO/USD price is 0.124347 USD. The price is lower by -0.03% since the last closing and was traded between 0.118606 USD and 0.126338 USD over the period. The price is currently at +4.84% from its lowest and -1.58% from its highest.

0.118606

0.126338

0.124347

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 result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CRONOS - CRO/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of triangle

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.108193	0.114466	0.121444	0.124347	0.124591	0.127288	0.129513
Change (%)	-12.99%	-7.95%	-2.33%	-	+0.20%	+2.37%	+4.15%
Change	-0.016154	-0.009881	-0.002903	-	+0.000244	+0.002941	+0.005166
Level	Major	Minor	Major	-	Minor	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.112000	0.117445	0.120913	0.126358	0.129826	0.135271	0.138739
Camarilla	0.121929	0.122746	0.123563	0.124380	0.125197	0.126014	0.126831
Woodie	0.111011	0.116951	0.119924	0.125864	0.128837	0.134777	0.137750
Fibonacci	0.117445	0.120850	0.122954	0.126358	0.129763	0.131867	0.135271

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.093040	0.103744	0.117413	0.128117	0.141786	0.152490	0.166159
Camarilla	0.124380	0.126615	0.128849	0.131083	0.133317	0.135551	0.137786
Woodie	0.094524	0.104485	0.118897	0.128858	0.143270	0.153231	0.167643
Fibonacci	0.103744	0.113054	0.118806	0.128117	0.137427	0.143179	0.152490

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.070192	0.094455	0.123627	0.147890	0.177062	0.201325	0.230497
Camarilla	0.138105	0.143004	0.147902	0.152800	0.157698	0.162596	0.167495
Woodie	0.072648	0.095682	0.126083	0.149117	0.179518	0.202552	0.232953
Fibonacci	0.094455	0.114867	0.127478	0.147890	0.168302	0.180913	0.201325

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):	40.04
MACD (12,26,9):	-0.0008
Directional Movement:	-14.566059
AROON (14):	35.714286
DEMA (21):	0.123439
Parabolic SAR (0,02-0,02-0,2):	0.120482
Elder Ray (13):	-0.001495
Super Trend (3,10):	0.121328
Zig ZAG (10):	0.122564
VORTEX (21):	0.8538
Stochastique (14,3,5):	56.77
TEMA (21):	0.123195
Williams %R (14):	-47.45
Chande Momentum Oscillator (20):	0.000185
Repulse (5,40,3):	-1.2760
ROCnROLL:	2
TRIX (15,9):	-0.0973
Courbe Coppock:	1.59

MA7:	0.127530
MA20:	0.131859
MA50:	0.141193
MA100:	0.119181
MAexp7:	0.123811
MAexp20:	0.124530
MAexp50:	0.125785
MAexp100:	0.126810
Price / MA7:	-2.50%
Price / MA20:	-5.70%
Price / MA50:	-11.93%
Price / MA100:	+4.33%
Price / MAexp7:	+0.43%
Price / MAexp20:	-0.15%
Price / MAexp50:	-1.14%
Price / MAexp100:	-1.94%

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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