CROUSD - Wedges Wedge chart patterns
First a bullish Rising Wedge
Second is a yet to form Bullish falling wedge
This will lead price to new highs
I believe price is not even in a bear market, it is just a pullback within a completely bullish trend
Crousd
Cronos CRO Bear Market RallyFriday the S&P hit a new 52 week low, being oversold right now.
I expect a bounce in the stock market next week, which will determine a bear market rally in the crypto space too!
Cronos CRO is one of the cryptocurrencies that have a lot of potential for a bull run.
CRO/USDT
Entry Range: $0.11 - 0.12
Price Target 1: $0.14
Price Target 2: $0.17
Price Target 3: $0.20
Stop Loss: $0.09
🤠 How much more can CRO decrease?🤠 How much more can CRO decrease?
it takes some time until it reaches the lowest minimum. Then a small side and until we exceed $0.20, we are still in the bear market.
How far can it go? I see it reaching $0.07-0.08
How much more can CRO climb after? I see it at least $1.7
When? Not this year!
CRO - Buying SignalBYBIT:CROUSDT
1H time frame
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CRO already boke out the downtrend line, there are two candles with long lower shadow, which stand for good supoort for CRO.
Try to long it when retest the upper downtrend line and we can target 0.1212, 0.122, 0.1231
Stop loss if hit 0.11895
Cronos: Too Hot 🥵Actually, Cronos had already been hot on the heels of the resistance at $0.1580 – maybe too hot because after finishing wave (B) in yellow there, the altcoin has jumped into the turquoise zone between $0.1330 and $0.1211 to cool off. Here, it has completed wave (C) in yellow as well as wave ii in turquoise, so that it should move upwards now, heading for the resistance at $0.1580 again. This time, though, Cronos should surmount this mark, thus confirming the ascent. However, there is still a considerable 45% chance that Cronos could drop below the resistance at $0.1161, which would then lead to further downwards movement.
💡Don't miss the great buy opportunity in CROUSD @cryptocomTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CROUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.1406
TP2= @ 0.1499
TP3= @ 0.1646
TP4= @ 0.1798
TP5= @ 0.1924
SL= Break below S2
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💡Don't miss the great buy opportunity in CROUSD @cryptocomTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CROUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.1406
TP2= @ 0.1499
TP3= @ 0.1646
TP4= @ 0.1798
TP5= @ 0.1924
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
CRO - 4H Reversal The CRO price is now on the top of the channel, which could be strong resistance. As you see, there is a long candle at the end of the bull run, so that it could be an exhaustion gap.
The price trend has been reversed three times by this pattern in this channel.
CRO/USDT Short Daily with good targets Hello everybody, I'm not Boris but lets talk about my new ideas
So CRO in daily is bearish
My first target is 0.09
The second target is 0.078
And the last one , small chance 0.050-0.066
Thanks and enjoy
Hasta la vista, baby
CRO short Entry Range, Take Profits and Stop LossCRO/USDT short
Entry Range: $0.11 - 0.13
Price Target 1: $0.10
Price Target 2: $0.08
Price Target 3: $0.06
Stop Loss: $0.14
the CRO short
CRO/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
RR: 25
Possible upside: 1200%
Possible downside: 48%
The bottom for CRO is in. 99.99% sure.
If you take a look at the wave (4) bottom it touched the price around 0.06. It went a bit under the support line. This is a prime example of what I meant by getting stop hunted. When they are looking to take out players who places stop losses on support lines they will go a bit right under to trigger your stop loss.
The stop loss I have placed on this chart goes a bit further than that. 0.055
Wave 2 bottomed around 0.048
0.06 is really close to 0.048 so I'm 99.99% sure the bottom for CRO is in. If we go anywhere near 0.048 this chart is invalid.
CRO AnalysisOn the left we an see price hitting 0.5 fib which has been previously seen as a support area, also aligning well with the green uptrend line
On the right the Gaussian Channel indicator shows the middle band as a point of support, price on this BTC pair is just above this Middle Band right now
CRO following prior path along long term support lines. Hello you beautiful trader you!
Copied the Elliot wave forward and outlined some long term channels. Excess bleeds to either side, but here's to hopium eh?!
This is until crypto either depegs from the US Stock Market or BTC finds a functional bottom.
All set to hit .175?Its oversold and like to come back to test .17 previous high. Good swing trading setup at this point for a quick 5 points.
CRO Oversold at SupportIf you haven`t sold CRO at the top:
Then you should know that it has retraced 89.45% and is now oversold at a support level.
I expect a bounce to the $0.17 resistance before heading lower this year.
Looking forward to read your opinion about it.
CRYPTO.COM +200% Crypto.com an exchange token has been following a specific fractal that has been seen in the 2018-2019 bear market for bitcoin.
This of course is purely speculation and shouldn't be taken seriously until we breakout of the descending channel, I do believe however that we are coming to an end for this years bear market and personally this is when I will be dollar cost averaging into coins that have big upside potential... CRO being one of them
Not financial advice DYOR.
CRO short Entry Range, Take Profits and Stop LossCRO/USDT short
Entry Range: $0.17 - 0.19
Price Target 1: $0.15
Price Target 2: $0.13
Price Target 3: $0.60
Stop Loss: $0.10
CROUSD Is it replicating Bitcoin's 2018 Cycle?Cronos (CROUSD) has fallen more than -68% since its March 28 High and is currently consolidating after a rebound on oversold 1D RSI. Being in a Bear Cycle since the November 23 2021 High, this pattern resembles Bitcoin's 2018 Bear Cycle. Notice the similarities.
Following their blow-off tops and the initial drop that followed, both have consolidated within a Descending Triangle of Lower Highs and when the Support broke, they went into 1D RSI oversold (below 30.00) area. Bitcoin bottomed higher on a -63% drop, marginally breaking the 1.5 Fibonacci extension. Cronos has so far marginally broken the 1.618 Fib ext on its recent low.
Is it repeating Bitcoin's 2018 Bear Cycle and if so can this be the bottom?
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$CROUSD bouncing at the trendlineAfter seeing a capitulation, rarely do we see an immediate reversal back up.
Even if the current trendline sends a strong signal to the bulls, it is unclear if a reversal is imminent or is this just a temporary relief bounce.
We noted that 2 weeks ago there was plenty of air (lack of market participants) in the region of immediate price action and expected a large movement (could have been up or down) but alas it went dipping.
In my other charts, the $BTCUSD charts, we saw $BTC bouncing similarly on its trendline, and then it broke support and went dipping hard.
So could $CRO follow?
For now, it is probably best to err on the side of cautious optimism and allow $CRO to establish a new trading range (TR) first or wait for other confirmations.
CRO daily chart still intact?CRO daily looks as it may of hit the bottom
according to the DeMark 9 Indicator. Outlined
in the green oval was the crash that happened
the last week...CRO appeared it was going to
start an uptrend until then, if CRO can get back
up to $0.20 and hold it, it should make its way
back up and the RSI is way low and oversold and
should only be able to make a move upward.
When i overlaid CRO and BTC together, it became
very evident that they move togther.
IT ONLY TOOK 5 MONTHS TO GET HERE - CRYPTO.COM ANALYSISNext up on the list of coins to swoop is CRO/USDT
In our previous analysis we predicted the drop down from just under a dollar and identified our current level as a possible bottom for CRO as shown below;
Only took us 5 months but we got here lol.
Following a zig-zag correction currently, in theory, wave C of this pattern should be 61.8%, 100%, or 123.6% of wave A. If it extends to 161.8% then we can expect Wave C to be a wave 3 of a 5-way impulse move (this is why we should apply proper risk management).
Price has currently retraced 100% of Wave A and we'll be hoping it doesn't go beyond our possibble bottom zone aligned with the 123.6 fib support level.
Our targets provided we don't drop to the 161.8% fib support will range from $1.85-$3.6 dollars before a top is in.
Past analysis linked below.
If you agree, pls leave a like, share and comment your thoughts below.
As always, feedback is appreciated!
CRO Possible Oversold BounceTime for BTC to go up soon
Cro is at Big Support and is majorly oversold, looking for a good bounce, risking 1% with a possible 5% gain :)
Targets
$0.2096 (VWAP)
$0.24
