TradingView
h4rdw1r3d
Feb 1, 2022 2:57 AM

CROUSD - Two possible scenarios Long

Cronos / USDFTX

Description

We could visit $0.35 again, or it's possible to go sideways for a while before revisiting the all-time-high.

Either way, I'm bullish on CRO. Let me know if you agree or disagree.

These are just my thoughts.. I know very little about technical analysis, but trying some things out while I'm learning! Don't buy or sell based on this information; this is not financial advice.
Comments
Black_Sheep1
Rising wedge pattern in motion, on Daily + Bearish Double top on 12 hr I believe we will retest the .33
Black_Sheep1
I think you are correct on both dips..lol If Crypto markets can rally then I think we may be in consolidation before moving up.
I currently see -BEARISH -4 hr/8hr - Bearish double top to re-test new support around .379 then drop to .33 area
Hopefully I am Wrong-
Honestly, I am Bearish for the short term - I am buying more at the .33 area *but I think it wants to retest .27-.25 area (which I will buy again)
Long Term - This is a solid project platform - need to work on fees, user interface & navigation on exchange rates/discounts.
this can be a great 5 yr investment.
h4rdw1r3d
@Black_Sheep1, I agree about it being a great 5 year investment! Thanks for your thoughts and comment. While drafting this, I did see one model show high 0.20s.. could be possible. We'll see!
More