Cronos: Getting Up with The Chickens…? 🐔⏰
Getting up with the chickens obviously isn’t really Cronos’s scene. The altcoin is lolling on top of its magenta-colored bed and seems to find it hard to rise and shine. However, we expect our crypto-friend to do exactly this! Cronos should get up from the magenta-colored zone and climb above the resistance at $0.0887, pushing itself upwards from there to finish wave 3 in green. After the moderate counter movement of wave 4 in green, which should also remain above $0.0887, the altcoin should clamber higher still. There is a 33% chance, though, that Cronos could topple off its magenta-colored bed and slip below the support at $0.0542 to develop a new low in the form of wave alt.2 in turquoise.
Related publications
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.