CRONOS $CRO Long Idea - Hidden Bull Div
I'm thinking we get a trend continuation here on $CRO, after that big rally a few days ago price has pulled back and bounced from the break out level
There was a breakdown and retest of the 20 period H4 simple moving average and is still currently below that level, so we may see another move down before up, however i think up is more likely due to the hidden bullish divergence on the RSI.
tldr
entry 0.140ish region
stop 0.13845 below prior swing low wick
target 0.15455 (previous candle close swing high) however if BTC continures to go up i expect further up side to 0.167 or so
Follow me on Twitter :) im just rebooting this account after sometime
There was a breakdown and retest of the 20 period H4 simple moving average and is still currently below that level, so we may see another move down before up, however i think up is more likely due to the hidden bullish divergence on the RSI.
tldr
entry 0.140ish region
stop 0.13845 below prior swing low wick
target 0.15455 (previous candle close swing high) however if BTC continures to go up i expect further up side to 0.167 or so
Follow me on Twitter :) im just rebooting this account after sometime
Comment:
Almost there on this, shall not be too long i think