Cronos / Tether
Short
Updated

Cronos (CRO): Not Looking Good!

Recently, Cronos broke the local support zone, where currently we are re-testing that same zone.

We are looking here for some liquidity grabs to happen and eventually a steep move to lower zones resulting in a break of structure and a movement to further lower zones here (towards next support zones on bigger timeframes).

Now if we see the volume of buys to increase here, we will be looking for a re-test of EMAs or even that resistance zone there!

Swallow Team
Trade closed: target reached
snapshot
Cronos coin made a nice move after a successful breakdown where sellers also managed to secure the re-test zone, resulting in a (+39.52%) movement.

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