Finally CRO broke the resistance line. Will this become the new bottom or is it too soon to say? Anyway with all the marketing, Cronos and exchange opening up in the USA this quarter or the next, cryptodotcom (CDC) is not going away soon. It went very fast with binancecoin, that's why my price target is somewhere at the half of the market cap of binancecoin So...
-Covid ignored. We returned to the mean.
-Purple area = consolidation zone = buy zone.
CRISPR is a truely amazing discovery. Imagine if we could perfectly edit genes within 5 or 10 years. I don't think everyone understands how big this is. Good luck! Target 1 = double top, other 2 the fibonacci extensions.
Edit: Don't buy before we stay above the 20MA.
Looks like there is lot of support at the green line and the 20MA line. I'm just letting it ride until it no longer holds. I can see 20USD in March happening, maybe late February. They have a lot of stuff going on (i know vaguely description but i don't want to mention it all, just google ageagle aerial systems and press on the news button) and the market cap is...
Reasons to buy:
+Oil price going up
+Vaccinations going up
+Bull flag (green)
+Good support line (orange)
+Best dividend payer in France
+Price has not fully recovered since march (yes i see this as a plus)
Reasons not to buy:
-MACD hasn't crossed yet
-Not yet oversold on daily
-OIL isn't that popular these days
I see 2 situations happening:
A couple of weeks ago, i posted an idea thinking we reached the bottom. Now, i'm not so sure anymore. It looks like CRO is stuck in the red channel. It tried to escape but it made 3 tops. The fat green line was support, but it couldn't hold and became resistance (a little bit soon to say maybe). So there might be a buy opportunity at $0,05. Crypto.com is planning...
There is bullish divergence on the 1 hour chart. It's trading in a nice channel and oil prices are going up. So my guess is we are going up tomorow or the next day. Total (FP) chart looks the same.
Nice channel, broke ATH, low market cap. I bought already (FOMO), smarter trader will probably buy a bit above 15 EURO, after a small correction . Not selling as long as we stay in the channel (or above).
Well this is just gambling.
Numinus Wellness inc. has a 200 Million Market Cap, Mind Medicine 700 million And Cybin only 20-30 Million. So I threw one K at it. Let's see how this crazy rollercoaster goes.