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Crousdtshort

$CRO Dominate the Market Epic TP/SL!KUCOIN:CROUSDT CRYPTOCAP:CRO Dominate the Market with Entry at 0.20650 - 0.20750 & Epic TP/SL! Entry Point: Marked at 1 0.20650 - 0.20750 USDT, indicating the price level to enter a long position. Take Profit (TP) Levels:TP1: 0.7860 (0.19129 USDT) TP2: 0.6180 (0.17935 USDT) TP3: 0.5000 (0.17097 USDT) TP4: 0.1354 (0.11354 USDT) These levels suggest a descending target strategy, likely based on Fibonacci retracement or similar technical analysis. Stop Loss (SL):Set at 1.272 (0.22583 USDT), above the entry to limit potential losses. Dollar-Cost Averaging (DCA):Marked at 1.135 (0.21609 USDT), indicating an additional buy level if the price retraces. Price Action:The chart shows a recent upward movement around the entry point (1 0.20650 - 0.20750 USDT), following a period of consolidation and a prior downtrend. The candlestick pattern near the entry suggests a potential reversal or continuation, depending on the next few candles. Relative Strength Index (RSI): The RSI (bottom panel) is currently at 85 - 84, indicating overbought conditions (above 70). This suggests the price may be due for a pullback or consolidation unless strong bullish momentum continues.
Short
by AltcoinPiooners
4
CRO close to supportHello everyone, let's take a look at the 1H CRO to USDT chart. As you can see, the price is moving below the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 0.2756, if the support breaks, the next one is SL2 - $ 0.2645 and SL3 - $ 0.2344. Now let's move from the resistance line as you can see, the first resistance is T1 - $ 0.2959, if you manage to break it, the next resistance will be T2 - $ 0.3142 and T3 - $ 0.3297. Looking at the CHOP indicator, we can see that the energy has been rebuilt in the 1H interval, so we can expect traffic in the coming hours. It's worth remembering about stop loss!
by cryptodailyuk
The CRO is fighting the first resistance.Hello everyone, let's take a look at the 4H CRO to USDT chart. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.4335 if the support breaks down, the next one is $ 0.4093, another support at $ 0.3738 and another $ 0.3281. Now let's move from the resistance line, as you can see, the first resistance that the CRO is currently struggling with is $ 0.4460, if it can be broken the next resistance will be $ 0.4686 and $ 0.5029. Looking at the CHOP indicator, we can see that in the 4H interval we have a lot of energy that can be used in the coming hours.
by cryptodailyuk