paulwongsh

CROUSD - Technical short term downtrend (15m chart) - 002

KUCOIN:CROUSDT   Crypto.com Coin / Tether
A followup to the previous chart

Initial anticipation to hit the 0.39 level and resuming downtrend to the 0.35 short term bottom (in the coming days). This may be further extended with the temporary rally due o the material news of the treasury statement signaling some bullishness for crypto

Looking to see if the rally fails to surpass the 0.41 - 0.42 resistance level, with support levels at 0.37 and 0.35.

Daily chart shows a slightly descending triangle since Dec21. waiting to break strongly either sides before end of Mar22.
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