CRO has been on a exceptional run lately.
Personally I don't think this run I over. I believe we are having a cool off which is very normal, especially when the token has done a huge amount of percent in the past week.
We could be seeing numbers like 0.34 - 0.32 then 0.30 if the yellow trend line is broken.
There is 1 positive to this pullback, we do need to...
As anticipated when the triangle was forming (see related ideas), an entry could have been taken right after breakout. If you missed the entry, the only other option is to wait for a full swing retest of the breakout level. This is unlikely to happen.
HITBTC:MCOBTC
Market Cap:
$53,568,932 USD
6,244 BTC
MCO has been forminga reversal formation after a downtrend in the form of an ascending triangle for about 2 months. A breakout above the 0.000374 level would confirm the formation. Significant resistance is not that far away. Once we break above the triangle, I will analyze market volatility and momentum to determine the risk-reward ratio being offered by the trade.
