SwallowPremium

Crypto.com(CRO): Will We Fall More?

Short
BYBIT:CROUSDT.P   CROUSDT Perpetual Contract
Coin has had a nice downward movement since that liquidity dump on January 3rd.

After closing the price way higher, leaving the coin with such a big wick, we see the price slowly going towards that lower zone.

We are looking for price to reach lower zones here for sure but before that, we might see one last test to upper zones (upper/lower range)

DCA is one option here, for sure!
Comment:
CRO has been having a nice bounce so far, moving towards our upper demans zone (which is a good zone for DCA the short).

We are monitoring the CRO coin for any impulsive movement or quick short-squeeze to the upper EMAs; after that, we will be looking for rejection!

🚨 Authentic Mentoring
⚑️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.