The CRO coin caught our attention with its price being stuck in the end phase of the triangle formation, which indicates a potential liquidity movement.
We are seeing a good sign of weakness right now, and we are looking at the same time at that 200 EMA (which we want to see tested and broken).
The game plan is clean, I think, so let's see.
Swallow Team
📉Hi Traders, Investors and Speculators of Charts📈
We observe an important pattern on Cronos in the Daily - the Flag Pattern, also known as the Pennant. The pennant can be either bullish or bearish, depending o where the price CLOSES.
The BULLISH Scenario / Long:
The BEARISH Scenario / Short:
From a technical indicator perspective, the MACRO is still...
- CROUSDT is buyable through a tight pibot near the low
WHAT I LIKE IN THE CHART
- Had +150% powerful move up
- Great volume charactersitics
- Tightening down with lowering volume
WHAT WOULD BE A NORMAL TURN OUT FOR THIS STOCK
- A normal behaviour would indicate a push higher to the organge box, named 'CONSOLIDATION' withouth increasing volatility (aka...
It will hit the minor support level, hence I beliebe it will bounce back at least 1.5%.
I am not an expect but was learning a lot recently, lets see if it will happen.
There is a dragon fly doji printed on the bottom of a downtrend, with a very long wick towards up price. Followed by a super green candle that if stays the same in 4 days, we are in for the next FIB level which is 27 cents. Currently 15cents
💎 Heads up, Paradisers! #CROUSDT is on the brink of a bullish shift, eyeing a rebound from the critical support at $0.12303. If it keeps up the momentum here, we're likely to see a bullish journey, given this level has held firm three times before, underscoring its reliability as strong support.
💎 Should the climb of #CRO start to falter and dip below $0.12303,...
Crypto.com has managed to stay solvent, relevant and continued building throughout the bear market. Despite questionable actions, such as abrupt announcements, laggy applications and high spread on the mobile application; The exchange currently feels really good, and the app is constantly getting updates.
Of course, it is a shame that the perks of Indigo/Jade is...
Cronos produced this week the biggest bullish candle since late 2021; the previous market bull-run. The huge difference between now and then, is that Cronos is trading low just moving above resistance in the form of EMA100.
Instead of a top signal, this is a major bullish momentum signal.
➖ Seeing the best week ever at the top can signal that the wave is over or...
Hey everyone,
I'm looking at the long-term 3-day time frame for CROUSDT. As you can see, the price has grown by approximately 150% from the bottom of 0.050. It's currently ranging at 0.092.
I expect the price to continue to rise, after ranging or correcting, if the pullback process is completed. In the long term, it could reach the liquidity range of 0.12 and the...
Cronos looks to have closed the daily with a very bullish print of a bull pennant pattern.
We are now trading above key EMAs 50 and 200 after the golden cross occurred back in November 2023 and we are still holding this level very well indeed.
We have this initial rally starting around mid October 2023 and the price increased by over 150% and right now we have...
The price is currently moving within a falling wedge pattern and trapped between immediate resistance and support lines. Breakout from this range will determine the CRO's major direction. Although Elliot wave pointing towards potential downward move, I will prefer to trade the range.
Targets for both bullish and bearish breaks are shown on the chart.
Stay tuned...
CRO – the token of the crypto.com platform, also known as Cronos after rebranding.
The platform offers a wide range of cryptocurrency services, including a payment system, cryptocurrency wallet, VISA bank card, application, trading exchange, decentralized financial services, crypto loans, and deposits.
Technically, the token is currently in a good position for...
CRO coin has been having a nice rejection, which could lead the price towards that 100EMA.
As we are witnessing a nice weakness kicking in, we are looking slowly for that target, or the EMA + Bollinger Bands middle line, which seems like a good spot for a re-test.
Swallow Team
Hi Traders
CROUSDT (4H Timeframe)
Waiting for the downward break of 0.0800 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 0.0836 would cancel the bearish scenario.
Trade details
Entry: 0.0800
Stop loss: 0.0836
Take profit 1: 0.0778
Take profit 2: 0.0741
Score: 7
Strategy: Bearish reversal
CRO has a really nice liquidity movement here, filling a bunch of FVGs, but we are seeing yet another weakness kicking in with the new daily candel!
There is good potential for further movement here, for sure!
Swallow Team
💎 Paradisers, get ready for a promising trade with #CROUSDT, as it's showing signs of gearing up for a bullish reversal from its current demand zone.
💎 Given the recent market flux, #CRONOS took a dip after hitting resistance at a major supply zone. But now, with the price honoring the demand level at $0.07067, we're seeing a potential setup for a bullish...
