CRO situation with bullish outlook, FOMO during Superbowl?
The trend reversal has been waited for a while. The FOMO may be initiated by Superbowl and its marketing.
There are all options for it occur soon.
- Superbowl
- Crypto companies on steriods
- Crypto.com and CRO benefitting from visibility
It is possible that we hit support bands faster than earlier when/if the fomo steps in:
- Binance Forbers Deal
- advertising very aggressive
- new customers raining in
- people want a change
TA
- finally entering the middle zone in support bands
- bearish momentum may be overcome with bullish momentum, currently accumulation in the middle zone
- uncertainty excaggerated by the wideness of the support bands
No financial advice.
There are all options for it occur soon.
- Superbowl
- Crypto companies on steriods
- Crypto.com and CRO benefitting from visibility
It is possible that we hit support bands faster than earlier when/if the fomo steps in:
- Binance Forbers Deal
- advertising very aggressive
- new customers raining in
- people want a change
TA
- finally entering the middle zone in support bands
- bearish momentum may be overcome with bullish momentum, currently accumulation in the middle zone
- uncertainty excaggerated by the wideness of the support bands
No financial advice.
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.