CRO/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this CRO/USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Cronos (CRO) continued to move away from a recent three-month low on Friday, after rising for a second straight session.
After trading at a bottom of 0.05072 on Thursday, CRO/USD surged to a peak of 0.05291 earlier in the day.
This move comes as Cronos bulls managed to avoid a full breakout below a support point at 0.0495.
One reason for this was the stability of the support point of 34.00 on the relative strength index (RSI).
the index is now tracking at 49.60, with the next point of resistance around 52.00.
In the event that price strength climbs beyond this point, CRO will most likely be trading around 0.05500.
I have tried to bring the best possible outcome to this chart.
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Thank you
Crolong
New idea for $CRO1. The strong bitcoin is trying to take the difficult resistance line, at the same time it can be considered as a flat movement.
2. Look at the bitcoin dominance, if it goes down, and the bitcoin will stand still, there will be growth.
3.Altcoin is now very far behind bitcoin.
4. Out of the bullish triangle formed, testing the trend line.
5. Follow your risk management!
CRO Finished With Retracing I Think CRO had Finished with retrace. We Can try a Entry from Here. But i Suggest to Put Stoploss.
I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
Aprox. All Crypto Currencies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis
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CRO
CROUSDT DCA long opportunity for 2022!CRO is getting support from 1,618 fib extension level and 0.618 retracements (Made cluster support) as well as a logical barrier or 0,5$.
MACD is almost at the end of the downtrend.
RSI is about to break the downtrend.
Stochastic RSI is ready as well.
If 50 days moving average hold the price we should see some consolidation and accumulation then go higher otherwise, 100 SMA is the next buy zone.
The first target is the logical barrier of 1$ if we can break it we will go higher as depicted in the extension fib level.
Dollar-Cost Averaging (DCA) is the best strategy.
DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment.
Crypto.com is investing tons of money to be everywhereThe $ 1 milestone is closer than we think.
After renaming the Staples Arena in a $700 million deal in November, Singapore-based crypto exchange Crypto.com will become an official partner of Latin America’s leading soccer competition, CONMEBOL Libertadores.
Now all crypto markert its a bearish market but i think that CRO have a solid base, a great project and maybe after the 1$ milestone can go down another time.
People ACTUALLY are investing in REQ (? lol), ANKR (wtf) , NU, POLY... so i told you a lot. CRO will meet soon the right conditions to be bigger than before.
• It is NOT just a technical analysis
CRO/USDT 🦢Hey hey my friends 👋
CRO has great technicals and fundamentals to drive it, buy the ascending triangle breakout and hold on, if we get a pullback to lower trend-line that is a great spot to enter also 🚀
P.S. This can be found on Huobi or Crypto.com
CRO/USDT Day Chart-Outlook Bullish IdeaCro looking strong bouncing against the resistance of the interior of the flag. NIce bull pennant that should break through the top portion of the triangle after one more bounce. We should see a pump to the upside followed by cup pattern dip then a good bit of upside. This is a coin I see having an overall value at the minimum $5 per coin. With its predecessor holding an average value of just over $5 its easy to see with the liquidation of MCO into CRO and it being used as the primary coin for the staking required to obtain their card that comes with plenty of incentives. Its this very service among others, that convinces me $5 will be no problem with or without their other services including an exchange and their various partnerships with companies such as Visa, and Amazon. Throw me a like if agree and follow me if you like.
CRO USDT D AnalysisIf Long Term Resistance Line cannot be broken we can see a strong pullback in the coming future with Stoch RSI and other Indicators at the peak of Oversold Level. Yellow Drawing is to show Mild Pullback towards Fibonacci Middle Band Support Line ranging around $0.1 USD and the Major Pullback from Orange Drawing @0.052 USD will be at a crucial support line to remain a strong Bullish Trend and will have a reversal of trend if broken. At the point of writing CRYPTO.COM has just announced the major Token Swap for MCO to CRO for a period of 91 days from now. This plays a huge role on the outcome of CRO performance at the same time being that they will merge MCO functionality into CRO as One Native Token for their platform.