$CRO #CRO - Crypto.comCrypto.com is a all-in-one cryptocurrency platform for consumers offering services such as exchange, wallet, brokerage, debit cards, borrow/lend, payments, and DeFi. CRO is the exchange token. Currently long, in waiting mode for break up (more likely scenario) if it breaks through resistance (red box) and previous high. Possible targets/near-term resistance overhead of price in blue. Please follow BradtNom, leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
Crousd
CRO Continuation After almost a Month of reaccumulation CRO looking like it wants to continue the uptrend i mentioned in the last post. Once again CRO looking very bullish on the higher time frames, this time not only on the CROUSD Chart but also on CROBTC Chart.
On the 1d Chart CROUSD shows triple hidden bullish divergence on the MACD Histogram and classic hidden bullish divergence on the RSI which would imply that the uptrend will continue. The next real resistance is at 0.253 and right after that the 1.618 fib extension from the 2020 ATH to the Low from January 2021 at 0.28$ which most likely lead to some profit taking and will not be easy to break.
On the 2d CROUSD showing potential hidden bullish divergence on the MACD Histogram and the RSI pivoting of the 60 level which is also bullish and a sign of strength. The bullish engulfing candle that will print in a couple of minutes, could act as the start signal for a new rally to higher prices.
On the 3d CROUSD it could be argued it's also showing hidden bullish divergence on the RSI and gaining on positive Momentum on the MACD Histogram again.
The 2d CROBTC chart is lookin insanely bullish. Today it will close with a massive bullish engulfing candle. In a couple Days we will probably see the 20EMA cross above the 50EMA for the first time since October 2020. On the 1d CRO gonna have a golden cross and all the major moving averages will finally cross above the 200SMA also since the s**tstorm back in October 2020.
I don't even want to start talking about a common FIbonacci Retrace on the CROBTC chart because it would imply a move between 80% for the 0.382 Fib and a 170% move till it would reach the .618 Fib.
Let's see how this plays out :)
Crypto.com Coin (CRO) - March 25Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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We need to see if it can rise along the uptrend line (4).
In particular, we have to see if we can ascend to the 0.2064-0.2180 range.
If it falls from the 0.1909 point, a short Stop Loss is required.
However, you can touch the 0.1714 point and go up, so you need to trade carefully.
If it falls between 0.1248-0.1364, Stop Loss is needed to preserve profit and loss.
The next volatility period is around April 1.
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(CROBTC 1D chart)
We have to see if we can ascend more than 400 Satoshi points.
If it falls, we need to see if it can rise along the uptrend line.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** 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 transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
CRO CRO/USD crypto.com Could be Staged for massive Gains! Crypto.com said it would destroy 70 billion of its CRO tokens, in what it describes as the largest token burn in the history of crypto markets.
Now combined with the new flexible staking options on March 19th lots of new people waiting to get into CRO will be able to a flood of new people will start ordering RED, and GREEN Level Cards for sure and other levels too
Next the big one CRO Mainnet Launching on March 25th 2021 as Crypto.org Chain!
blog.crypto.com
These are just a few reasons the user growth is very fast like all very quickly growing companies they are expanding their workforce to accommodate such fast growth! CDC has gone from 5 million to 10 million in a very short period of time user growth at this rate could see a CRO at $1 this year even $2 !
Overall the fundaments all stacked for CRO (CRO/USD) to soar possibly this month and into spring and summer!
Cryptocom to 0.5$So don't forget this is just a forecast and everything can happen with young projects, they are not big in marketcap and strongly drived by the King.
if BTC up they grow soon or later, if BTC down they dip. FA is alsd very important, if the project team management make good announces, project will be good, if they do shits, we rekt with them.
That said, Cryptocom Project started very good, their visa system is nice, after that they made some mistakes like cut rewards and APY by 50%, it caused a big depression, after that they decided to burn 70 Billons CRO, partnered with Aston Martin F1 for promote CDC, so it started to rush again. This project is still very young and time will speak, but like i said many times, don't forget they have CRYPTO.COM domain name, and this is an huge advantage.
Trading parts :
TP1 0.4$
TP2 0.50++$
Be safe and invest wisely.
Happy Tr4Ding !
CRO - Cup and Handle formationPersonally I dont grant a lot of weight to chart patterns on crypto assets, but they are all based on buying and selling patterns so it does still apply. This coin is for the crypto.com exchange, one cool thing they offer is a VISA card to spend crypto. Binance, a larger exchange does as well. Going forward though, they do have a better domain name than everyone else though.
That said, a cup and handle pattern is a solid bullish pattern and I've personally taken up a position on it. We dont see as many swings to the downside on this one so it seems pretty stable and on the rise. I'm looking to hold this longer term than I do most things, I think this is a great entry point to get in. In the next week they have some great things happening too.
CRO - $0.6392CRO is currently trading above the support zone of $0.1695. It was in an accumulation zone for almost 4 months after breaking the support of $$0.1451. Once it broke out of this accumulation and cleared the Support turned Resistance, we saw an impressive move. As long as it is above this support zone of $0.1695, we could start seeing a move towards $0.2175, $0.2398, $0.2620. If it can close above the previous weeks high of $0.2620, we could see a bigger move towards $0.2937, $0.3340, $0.4506 and $0.6392. Failure to hold the support at $0.1695 could lead to a drop towards $0.1550 and $0.1451.
CRO An alternate scenarioAn alternate scenario than my head and shoulders pattern in my previous post for this coin
Could get realllllyyy bullish!
Apparent massive wedge formation
Crypto.com Coin (CRO) - March 8Hello?
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.
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We have to see if we can get support at 0.15310 and move above 0.17140 along the uptrend line (4).
If you fall in the 0.12480-0.13645 section, you need a short stop loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
If it falls at 0.1 point or at the uptrend line (1), a Stop Loss is required to preserve profit or loss.
The next volatility period is around March 14th.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** 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 transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
CROUSD: buy setupCMC #18
" What Is Crypto.com Coin ?
Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.
CRO went live in November-December 2018.
Who Are the Founders of Crypto.com Coin?
Crypto.com Coin was launched by the Crypto.com company as part of its vision of “putting cryptocurrency in every wallet.” Crypto.com itself was founded in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao.
Kris Marszalek, an alum of the Polish Adam Mickiewicz University, has founded and headed three companies prior to starting Crypto.com: consumer electronics design and manufacturing business Starline Polska, location-based service mobile app and platform YIYI and the e-commerce firm BEECRAZY.
Rafael Melo earned his bachelor’s degree in engineering from the PUC-Rio. Over his more than 15-year-long career in finance, Melo has worked with major companies in Asia and helped secure over 50 million AUD in funding for the Ensogo social commerce website.
Gary Or is a software engineer with over nine years of fullstack engineering experience. Prior to co-founding Crypto.com, Or worked as platform architect at Ensogo and co-founded the mobile app development firm Foris. He received his bachelor’s degree in engineering, computer science from the University of Hong Kong.
Before helping launch Crypto.com, Bobby Bao worked in the M&A department of the China Renaissance investment bank. Bao has studied at the University of Melbourne, NYU Stern School of Business and the College of William & Mary.
What Makes Crypto.com Coin Unique?
CRO blockchain is mainly focused on providing utility to the users of Crypto.com’s payment, trading and financial services solutions.
CRO owners can stake their coins on the Crypto.com Chain to act as a validator and earn fees for processing transactions on the network. Additionally, CRO coins can be used to settle transaction fees on the Crypto.com Chain.
Within the framework of the Crypto.com Pay payments app, users can get cashback of up to 20% by paying merchants in CRO and up to 10% by purchasing gift cards and making peer-to-peer transfers to other users.
When it comes to trading use cases, the Crypto.com App allows users to earn token rewards for select listings by staking CRO.
Additionally, users can earn annual interest of up to 10-12% on their Crypto.com Coins by staking them on either the Crypto.com Exchange app or Crypto.com’s metal Visa Card.
Overall, CRO acts as an instrument that powers Crypto.com’s drive to increase the adoption of cryptocurrencies on a global scale. As such, the company is continuously working on finding and developing new use cases that will allow users to leverage the cryptocurrency to enhance the control they have over their money, data and identities.
How Many Crypto.com Coin Coins Are There in Circulation?
The total supply of CRO is limited to 100 billion coins, all of which were created when the blockchain went live — making it a non-mineable cryptocurrency. Crypto.com did not rely on pre-sales, public-sales or an initial coin offering (ICO) — instead, the coins will only be distributed via secondary distribution.
The total supply of CRO will be allocated for five different purposes:
30% — Secondary distribution and launch incentives - released in batches on a daily basis over five years from November 14, 2018;
20% — Capital reserve - frozen until Nov, 7, 2022;
20% — Network Long-Term Incentives - frozen until Nov. 7, 2022;
20% — Ecosystem grants - frozen until the launch of Crypto.com Chain Mainnet;
10% — Community development.
How Is the Crypto.com Coin Network Secured?
CRO is built on top of Ethereum’s (ETH) blockchain according to the ERC-20 compatibility standard, which means that its network is secured by the Ethash function." source: coinmarketcap
Further demonstrating the power of the CircleLS = Left shoulder
H = Head
RS = Right shoulder
Just using the Fibonacci circle and establishing support areas, resistance areas, this head and shoulders pattern can be identified
Without the circle, this pattern is very difficult to identify
The main challenge using the circle is identifying the strongest trend. (Green line)
Here is my guide to using the Fib Circle, it truly is a great tool
Also my experimental idea - Fibonacci waves






















