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CryptoFefe

Crypto.com, CRO Bullish Breakout

Long
Cronos/Tether (OKX:CROUSDT)  
CryptoFefe Updated   
OKX:CROUSDT   Cronos/Tether
Trend Analysis Chart Patterns Wave Analysis altcoins ALTS altseason altseason2021 crypto cryptocom
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trendanalysis chartpattern waveanalysis altcoins alts altseason altseason2021 crypto cryptocom
Like most #ALTS Crypto.com's token, CRO trending up nicely after breakout from the inverted head and shoulders pattern.
Buying near bottom and staking to get the crypto card would be double rewarding.
Staking at 10% p.a. with lock-up period of 6 months.
Follow this link for more details: crypto.com/app/a9xnc92whx
Comment:
On resistance zone. Inefficiencies filled. Should consolidate then continue the trend.
Comment:
The long candle breakout last Feb 22 was a side effect of fundamental change in CRO token economics.
Crypto.com decided and announced 70 BILLION CRO token burn.
Significantly decreasing the supply of CRO tokens.
blog.crypto.com/70-b...on-cro-to-be-burned/
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