Good afternoon everyone.
I have decided to post this idea for some feed back.
I humbly submit my idea for your viewing pleasure.
Excited to receive all your feed back.
I am thinking third Elliot wave could be powerful enough to hit the 3.6 fib extension level before a pull back.
All indicators appear to be showing some serious strength on the weekly time...
LS = 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...
CRO Finally break strong level ( the opening price against USD and USDT) opening the way for more bullish
The only thing stop it now is CRO against BTC now around Open price (R) if it break and close above we going to fly . (chart below ) .
Accordantly CRO will hit 0.9$ + as start .
CRO BTC chart
Like if you agree ,...
Holy sh*t guys, did you see this one fly? :)
The current short-term momentum is still to the downside but we should bounce back up from this trendline.
Had a stop loss at 0.21, buying back at 0.1645.
(not trading advice, I'm not your financial advisor, do your own due diligence)
CROUSD seems to listen carefully to FIB as we can see we often had Support/Resistance at the relevant levels. Chances are that it will follow the pattern on the way up, too.
TP1: 0.120 USD
TP2: 0.155 USD
TP3: 0.184 USD
After Months of steady accumulation around deep value areas Fibonacci wise (between .786 .886), consistent higher lows and hidden Bullish divergence on the 1d, 3d, weekly and classic bullish divergence on the 2d on the MACD and RSI, the Crypto.com Token CRO is finally about to make a massive breakout, which could pump the token to its former ATH and probably even...
" 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...
Certain accumulation can be identified by looking at trading volume during the last couple months. 80% move is almost inevitable. Further action is more unpredictable.
Considering that this is a token of a major crypto platform which provides interest on assets, this might be quite a major investment, as its market cap is at 2.2bln.
Weekly close strong bullish above the zone , good to buy pullback currently testing previous zone as HL for W1 .
Technical analysis not considering any fundamental .
===Not a financial advice Don’t follow blindly ===
On the daily timeframe, we notice that CRO has been in a bearish trend since mid October when the price broke through the 200EMA and kept falling. Now the price is trying to breakout out again but towards the upside. Watch carefully how the candles close at the end of the next few days and expect a rise surge towards 0.12$ if the price succeed in breaking and...
It appears the correction is over for CRO, it wants to fly!
If we are in a bullish impulse then we may see targets such as the 1.618% Extension or much higher, possibly up to 3.618% or higher if the market allows. But let's not get ahead of anything.
Should the move prove only corrective in nature then we can presume lower targets such as the .618%...