Londinia Opportunities Analyses - 05/22/2022 (GMT) CRUST NETWORK - CRU/USDT - 1H

CRUST NETWORK - CRU/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: CRUUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.19 USDT
My targets
1.26 USDT (+4.09%)
1.37 USDT (+13.82%)
My analysis
The bullish trend is currently very strong on CRUST NETWORK - CRU/USDT. As long as the price remains above the support at 1.19 USDT, you could try to benefit from the boom. The first bullish objective is located at 1.26 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.37 USDT as an objective. Crossing it would then enable buyers to target 12.52 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The CRUST NETWORK - CRU/USDT rating is 1.21 USDT. On the day, this instrument gained +5.98% and was traded between 1.14 USDT and 1.22 USDT over the period. The price is currently at +6.16% from its lowest and -1.47% from its highest.

1.14
1.22
1.21

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

Central Gaps

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 1H of this CRUST NETWORK - CRU/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.97 1.05 1.19 1.21 12.52 19.87 23.27
Change (%) -19.69% -12.69% -1.58% - +938.14% +1,547.60% +1,829.35%
Change -0.24 -0.15 -0.02 - +11.31 +18.66 +22.06
Level Intermediate Minor Intermediate - Major Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.931.001.071.141.211.281.35
Camarilla1.101.111.131.141.151.161.18
Woodie0.931.001.071.141.211.281.35
Fibonacci1.001.051.091.141.191.231.28


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.700.810.981.091.261.371.54
Camarilla1.061.091.111.141.161.191.22
Woodie0.720.821.001.101.281.381.56
Fibonacci0.810.920.991.091.201.271.37


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-2.72-0.550.532.703.785.957.03
Camarilla0.731.021.321.621.922.222.51
Woodie-3.26-0.82-0.012.433.255.686.50
Fibonacci-0.550.691.462.703.944.715.95

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): 58.98
MACD (12,26,9): 0.0196
Directional Movement: 20.41
AROON (14): 42.86
DEMA (21): 1.20
Parabolic SAR (0,02-0,02-0,2): 1.16
Elder Ray (13): 0.01
Super Trend (3,10): 1.15
Zig ZAG (10): 1.19
VORTEX (21): 0.9825
Stochastique (14,3,5): 72.73
TEMA (21): 1.20
Williams %R (14): -35.23
Chande Momentum Oscillator (20): 0.06
Repulse (5,40,3): -1.3314
ROCnROLL: 1
TRIX (15,9): 0.2160
Courbe Coppock: 8.88
MA7: 1.05
MA20: 1.23
MA50: 2.29
MA100: 3.51
MAexp7: 1.19
MAexp20: 1.17
MAexp50: 1.13
MAexp100: 1.09
Price / MA7: +14.61%
Price / MA20: -2.34%
Price / MA50: -47.34%
Price / MA100: -65.65%
Price / MAexp7: +0.96%
Price / MAexp20: +2.73%
Price / MAexp50: +6.43%
Price / MAexp100: +11.10%

Quotes : - Real time data - Cryptocompare