The price is currently moving within a falling wedge pattern and trapped between immediate resistance and support lines. Breakout from this range will determine the CRO's major direction. Although Elliot wave pointing towards potential downward move, I will prefer to trade the range.
Targets for both bullish and bearish breaks are shown on the chart.
Stay tuned for more updates and trade safe!
Targets for both bullish and bearish breaks are shown on the chart.
Stay tuned for more updates and trade safe!
Trade active
Trade active:
CRO has regained stability above its immediate support line, signifying strength as the price breaks above the major downtrend trendline. This bullish momentum suggests that the provided buy-back zone on the chart presents a favorable opportunity for acquiring the coin and pursuing the outlined targets ranges from internal supply zone to the selloff area.
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