Crypto.com Coin (CRO) - December 19
Hello?
Dear traders, nice to meet you.
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You'll have to see if you can Sideways on the 0.054223-0.073434 section.
I think that below the 0.054223 point is the bottom section.
So, if you fall below the 0.054223 point, you should stop trading and check the situation.
The current downtrend does not seem to have subsided.
In order for the downtrend to subside, it needs to form at least the box interval.
Accordingly, the wave must be completed.
If it rises above 0.073434 point, I think there is a possibility to touch the uptrend line (4) near 0.095739 point.
Therefore, careful trading is necessary.
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** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down to interpret the indicators.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You'll have to see if you can Sideways on the 0.054223-0.073434 section.
I think that below the 0.054223 point is the bottom section.
So, if you fall below the 0.054223 point, you should stop trading and check the situation.
The current downtrend does not seem to have subsided.
In order for the downtrend to subside, it needs to form at least the box interval.
Accordingly, the wave must be completed.
If it rises above 0.073434 point, I think there is a possibility to touch the uptrend line (4) near 0.095739 point.
Therefore, careful trading is necessary.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down to interpret the indicators.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Comment:
(CROUSDT 1W chart)
We need to see if we can move sideways on the 0.054223-0.073434 segment.
Comment:
Overall, it is expected to deviate from the downtrend.
We must see if we can store power by going sideways in the sideways section.
Even if the downtrend has stopped, there may be further declines.
Therefore, careful trading is required to enter.
(Hitbtc CROUSDT 1D chart)
(OKEX CROUSDT 1D Chart)
(Bithumb CROKRW 1D chart)
(Upbit CROKRW 1D chart)
We must see if we can store power by going sideways in the sideways section.
Even if the downtrend has stopped, there may be further declines.
Therefore, careful trading is required to enter.
(Hitbtc CROUSDT 1D chart)
(OKEX CROUSDT 1D Chart)
(Bithumb CROKRW 1D chart)
(Upbit CROKRW 1D chart)
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
