Last time, we had 87% drop against BTC with CRO. Historically, it is more probable that either CRO will drop or BTC will rise proportionally more against CRO.
- is this behaviour an anomality or is it because Crypto.com can control and affect CRO the most?
- no support with moving averages (illustration with 100W MA)
- volume not increasing
- if CEO remarks is to listen, the Q1-Q2 will be bad and then the end of year will be good
--> history would support this, ideas?
Two chances: parabolic run or bearish momentum taking over. Hard to believe that accumulation would last very long or it would mean a real fight between bulls and bears.
No financial advice.
- is this behaviour an anomality or is it because Crypto.com can control and affect CRO the most?
- no support with moving averages (illustration with 100W MA)
- volume not increasing
- if CEO remarks is to listen, the Q1-Q2 will be bad and then the end of year will be good
--> history would support this, ideas?
Two chances: parabolic run or bearish momentum taking over. Hard to believe that accumulation would last very long or it would mean a real fight between bulls and bears.
No financial advice.