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Croshort

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. Hit the like button if you like it and share your charts in the comments section. Thank you
COINBASE:CROUSDLong
by CryptoSanders9563
4
CRO / USDT Short on 1H IntervalHello everyone, let's take a look at the 1H CRO to USDT chart as you can see the price is moving below the local uptrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 0.1548 T2 = $ 0.1555 T3 = $ 0.1560 T4 = $ 0.1566 and T5 = $ 0.1573 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.1541 SL2 = $ 0.1533 SL3 = $ 0.1525 SL4 = $ 0.1521 and SL5 = $ 0.1516 Looking at the CHOP indicator, we can see that in the 1H range we have very little energy and the MACD indicator shows a local downward trend.
Short
by cryptodailyuk
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.
by shukranbonaparte
2