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shprice
Nov 29, 2020 12:48 PM

CROBTC Cypher at structure - Long Long

Cronos / BitcoinBittrex

Description

We have a cypher pattern now showing on CROBTC for a move back up. Obviously we are still looking bearing overall as previous structure has not been broken but there is definitely room for a move back up to the 38.2 retracement or extended targets of 61.8.

There is structure support at the bas of the bullish cypher so provides further buying pressure once reached to get to those targets before continuing on the bearish move down.
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