Hello you beautiful trader you! Copied the Elliot wave forward and outlined some long term channels. Excess bleeds to either side, but here's to hopium eh?! This is until crypto either depegs from the US Stock Market or BTC finds a functional bottom.
Hello Crypto traders, today we will talk about Cronos coin from Crypto.com in which we see deeper and bigger (A)-(B)-(C) correction from the highs that can be approaching the end soon. The main reason why Cronos looks corrective is an Elliott wave running triangle formation in wave (B) in the middle. In Elliott wave theory , we know that triangles cannot...
Its oversold and like to come back to test .17 previous high. Good swing trading setup at this point for a quick 5 points.
Cronos (CROUSD) has fallen more than -68% since its March 28 High and is currently consolidating after a rebound on oversold 1D RSI. Being in a Bear Cycle since the November 23 2021 High, this pattern resembles Bitcoin's 2018 Bear Cycle. Notice the similarities. Following their blow-off tops and the initial drop that followed, both have consolidated within a...
Next up on the list of coins to swoop is CRO/USDT In our previous analysis we predicted the drop down from just under a dollar and identified our current level as a possible bottom for CRO as shown below; Only took us 5 months but we got here lol. Following a zig-zag correction currently, in theory, wave C of this pattern should be 61.8%, 100%, or 123.6% of...
Reversed Head and Shoulders pattern has been formed on the $CRO chart. The neckline is now being tested and bullish movement is expected to continue and reach the resistance level at 0,16$
Buy Everything Below 0.1$ First Target - 0.575$ - 0.655$ Second Target - 2$ - 2.5$ Third Target - 5.5$ - 6.5$
CROUSD chart on left, CROBTC chart on right The USD pair can be seen to be touching the top of the channel, this provides a possible bounce and recovery point While the BTC pair has poised itself right in the middle of a seemingly triangle structure, which has some fair supports (shown in the green box and along the white line)
Cronos broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 0.203 is possible.
Let's see if crofam can brake 0'20 resistance! If Bitcoin stay calm Cronos could see a 10-15% increase!
$CRO is bouncing off the Fibonacci 0.5 retracement zone which is also in line with the resistance level. Bearish movement is expected to continue and reach the support level at 0,175$
Cronos broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.236 is expected to happen.
$CRO broke through the ascending trendline. Bearish trend is expected to continue and reach the support level at 0,1913$
If Crypto.com don't create any more mishap news, we might possibly see this fractal come to fruition for CRO price in the next coming weeks. Green Dot in the early phases of forming(historically great on the weekly), the VWAP beginning to 180 and also CRO performed well during last years BEAR market activity. I've begun D.C.A buys for long term holds in...
information is on the chart still waiting for an entry longer term.
Looking for longs but waiting on further lows. Typical pattern happening here. if we don't get a break we wait. If it breaks wait for a stop hunt high. I don't see this happing but we will watch. Also major potential for longer term consolidation from here.
After falling out of the downtrend channel to the zone, the price collected liquidity and exited the liquidity zone on increased trading volumes. The 50MA crossed upward of the 100MA on the 30m Timeframe. I expect the retest and fixation above the liquidity zone before the further growth.
Month of May will slaughter many cryptos :( Bad times ahead. Don't buy crypto, buy food, ammo and water.