CROBTC 1D (Bittrex, Kucoin, Bithumb) On support, ready to bounce
Crypto.com Coin is on a crucial support, now could be a good entry for mid term.
But a bit risky because between 7-9 Dec first CRO airdrop will be unlocked in the app, so people will be taking profit...
If you prefer to wait, I will update a new set-up later near 0.00000300 BTC.
If you ready to invest, watch closely this falling wedge possible break-out :
Entry= 0.00000347 - 0.00000367
Take Profit= 0.00000479 - 0.00000620 - 0.00000735
Stop Loss= 0.00000296 or less
Risk/Reward Ratio= 1:2 - 1:4.3 - 1:6.2
Also, MCO Visa Card are about to launch in Europe this month, promising future for this project!
But a bit risky because between 7-9 Dec first CRO airdrop will be unlocked in the app, so people will be taking profit...
If you prefer to wait, I will update a new set-up later near 0.00000300 BTC.
If you ready to invest, watch closely this falling wedge possible break-out :
Entry= 0.00000347 - 0.00000367
Take Profit= 0.00000479 - 0.00000620 - 0.00000735
Stop Loss= 0.00000296 or less
Risk/Reward Ratio= 1:2 - 1:4.3 - 1:6.2
Also, MCO Visa Card are about to launch in Europe this month, promising future for this project!
Trade active
CRO bounced as expected and hit 0.00000409 BTC, that's +14.5%! You can take profit for a quarter or more of your position, move SL to entry or near and wait for targets.
Note
Still going up, price is 0.00000442 BTC and that's at least +23.8%!Take a bit more profit here and hold the rest until targets.
Note
First target almost reached, 0.00000470 BTC hit: +31.6%!Note
Second target reached on Dec. 20th, if you left sell order there it was +73.4% profit, enjoy! I'm waiting for a pull back next week to re-enter.Trade closed: target reached
TP2 reached for the second time and kept going up, if you didn't sell the first time, now is a good moment to take some profit!Trade closed: target reached
And that's a wrap, TP3 more than reached with +105.88% and went up to 0.00000905: 153.50% max profit!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.