RektMyMom

IT ONLY TOOK 5 MONTHS TO GET HERE - CRYPTO.COM ANALYSIS

Long
BITTREX:CROUSD   Cronos / US Dollar
Next up on the list of coins to swoop is CRO /USDT

In our previous analysis we predicted the drop down from just under a dollar and identified our current level as a possible bottom for CRO as shown below;
Only took us 5 months but we got here lol.
Following a zig-zag correction currently, in theory, wave C of this pattern should be 61.8%, 100%, or 123.6% of wave A. If it extends to 161.8% then we can expect Wave C to be a wave 3 of a 5-way impulse move (this is why we should apply proper risk management).

Price has currently retraced 100% of Wave A and we'll be hoping it doesn't go beyond our possibble bottom zone aligned with the 123.6 fib support level .

Our targets provided we don't drop to the 161.8% fib support will range from $1.85-$3.6 dollars before a top is in.

Past analysis linked below.

If you agree, pls leave a like, share and comment your thoughts below.
As always, feedback is appreciated!
Comment: Cut your losses if we lose that trendline

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