EthanTW

CRO - is going to get rid of the descending tunnel

Long
BYBIT:CROUSDT   None
BYBIT:CROUSDT
1H trend chart
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CRO is approaching to the upper downtrend line
If price can break it out, we can set a trading strategy with nice reward/risk ratio as below.
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Profit Targets:
a) 0.61405----Fib(0.618)
b) 0.69790----Fib(1)
c) 0.75760~0.78175----Fib(1.272~1.382)

Stop losses:
a) 0.50700-----Red horizontal ray
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