Analysis:
- Support & Resistance
- Order Block Flow
- Supply & Demand
- Trend Line
T1: Target 1
T2: Target 2
T3: Target 3
Red Arrow: Minor Correction
Green Arrow: Continuation Bounce
Opinion:
CRO has finished its correction and will now start its bull run
Hello everyone, let's take a look at the 1H CRO to USDT chart as you can see the price is moving below the local uptrend channel.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.1548
T2 = $ 0.1555
T3 = $ 0.1560
T4 = $ 0.1566
and
T5 = $ 0.1573
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.1541
SL2...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CROUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Fundamentals:
- CRO token has utility in the crypto.com ecosystems for there holders:
cashback when paying for services with there visa card,
free services: for eg Netflix and spotify
stacking up to 10 % apy
trading fees discount
...
Crypto.com an exchange token has been following a specific fractal that has been seen in the 2018-2019 bear market for bitcoin.
This of course is purely speculation and shouldn't be taken seriously until we breakout of the descending channel, I do believe however that we are coming to an end for this years bear market and personally this is when I will be dollar...
Hello fellas, as you can see we have two situations that we need to be careful with it , first that we came back inside to the trend , second that we have support that if we lost it its very bearish at 0.1404 , and btc is not clear right now be careful , for me if i want to trade in it my stop will be on 0,1404$ , and you need to see btc first and research about...
Always to your own analysis
But take what you can from others and make into your own.
No one trade or think the same, er alle have diff goals and targets and money.
But the fact is the course is where it is, now its up to you to find out what you wanna do IF you wanna do anything.
4h volume seems to sustain this breakout, 1h and 15min volumes don't. This pattern usually it's bullish so I decide not to look at oversold RSI and rather focus on MACD and OBV.
My gut says this is going up but I'm not sure because lately I'm good only at shorting.
For a long I would wait for a retest at 0.1432-0.1436 USDT with a stop loss at 0.14, if price...
The CRO price is now on the top of the channel, which could be strong resistance. As you see, there is a long candle at the end of the bull run, so that it could be an exhaustion gap.
The price trend has been reversed three times by this pattern in this channel.
Last time I updated on CRO it was 0.11 and I said we will have bull move ;) ,This time your stop losses will be on btc not on this chart , if we hold 23,5k I think we will se good bull move on cro , I think we will breakthrough the trend line and we will see how the price react on it .. and we will have update from the top of trend line, I’m happy to receive your...
Taking liquidity on both high and low, whilst remaining range bound, following BTC range. Would be most painful scenario for both long and short current holders
Hello everybody, I'm not Boris but lets talk about my new ideas
So CRO in daily is bearish
My first target is 0.09
The second target is 0.078
And the last one , small chance 0.050-0.066
Thanks and enjoy
Hasta la vista, baby
KUCOIN
