Cronos From Crypto.com Can Be Finishing A Corrective DeclineHello Crypto traders, today we will talk about Cronos coin from Crypto.com in which we see deeper and bigger (A)-(B)-(C) correction from the highs that can be approaching the end soon.
The main reason why Cronos looks corrective is an Elliott wave running triangle formation in wave (B) in the middle. In Elliott wave theory , we know that triangles cannot occur in wave (2) as part of a five-wave impulse, so it must be wave (B) which indicates for an A-B-C corrective movement. Triangles consist of five waves A-B-C-D-E. Triangles also suggest that the final leg is coming before a reversal, so in our case wave (C) before it finds the bottom.
As you can see, CROUSD chart is already breaking out of wave (B) running triangle pattern and wave (C) can be already in progress. Ideal support we see at the starting point of mania cycle back in October 2021. If we also consider equality measurement of waves (A)=(C), then ideal support zone comes around 0.20 – 0.15 levels and from where we will expect a bullish reversal.
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Crousd
CROUSD ❕ price at the liquidity zoneAfter falling out of the downtrend channel to the zone, the price collected liquidity and exited the liquidity zone on increased trading volumes.
The 50MA crossed upward of the 100MA on the 30m Timeframe.
I expect the retest and fixation above the liquidity zone before the further growth.
CRO/USD multimillionaire retirement
This is an updated idea to my previous idea on the link above. The Idea that I am proposing to you, will help you become a millionaire before the retirement of age 65. I will cut down retirement age for you by almost half from age 18-48 instead of 18-65. Using this savings method you will retire 17 years earlier as a multi-millionaire. All this is made possible by cryptocurrency and you handling your own finance rather than giving it to some 401k retirement plan where you let others play with your money. The initial amount you need to get started with my proposed plan is 40,000 USDT. If you do not have that much you can start with 4,000 USDT, it will take longer, however, both path is still better than your traditional retirement plan. This is something that was not made possible before cryptocurrency and it is something I wish someone had told me in my senior year of high school. School is not everything and it's not needed for you to become a millionaire or a successful person. This method only takes about 30 mins for you to set up yourself and is 100% safe and low risk. With cryptocurrency we are now able to achieve financial freedom more easily, especially by handling your own finances through a method we call staking. There are over 17,000 cryptocurrency as of this writing and many coins in which you can stake from. For my example I will use CRO and tether, both I deem highly reliable and low risk. Both of these can give you an APY of 12% when staking through the crypto.com app when you stake 40,000 USDT or 40,000 USDT worth of CRO.
CRO STAKING or USDT - 12% APY
initial - 40,000 + 12% APY (4800) = 44800 year 1 || 4800 APY / 52(weeks) = 92x4 = 369 /mo off APY
initial + monthly with 12% APY after 5 yrs - 102,803 year 5 || 12,336 APY / 52 (weeks) = 237 x 4 = 948/ mo off APY
initial + monthly with 12% APY after 10 years - 264,184 year 10 || 31,702 APY / 52 (weeks) = 609 x 4 = 2438/ mo off APY
initial + monthly with 12% APY after 15 years - 679,052 year 15 || 81,486 APY / 52 (weeks) 1567 x 4 = 6268/ mo off APY
initial + monthly with 12% APY after 20 years - 1,745,537 year 20 || 209,464 APY / 52 (weeks) 4028 x 4 16,112/ mo off APY
initial + monthly with 12% APY after 25 years - 4,486,973 year 25 || 538,436 APY / 52 (weeks) 10,354 x 4 41,418/ mo off APY
initial + monthly with 12% APY after 30 years - 11,534,063 year 30 || 1,384,087 APY / 52 (weeks) 26,617 x 4 106,468/ mo off APY
^ USDT
CRO - .40 cents
initial - 40,000 + 12% APY (4800) = 44800 year 1 || 4800 APY / 52(weeks) = 92x4 = 369 /mo off APY
initial + monthly with 12% APY after 5 yrs - 102,803 year 5 || 12,336 APY / 52 (weeks) = 237 x 4 = 948/ mo off APY
initial + monthly with 12% APY after 10 years - 264,184 year 10 || 31,702 APY / 52 (weeks) = 609 x 4 = 2438/ mo off APY
initial + monthly with 12% APY after 15 years - 679,052 year 15 || 81,486 APY / 52 (weeks) 1567 x 4 = 6268/ mo off APY
initial + monthly with 12% APY after 20 years - 1,745,537 year 20 || 209,464 APY / 52 (weeks) 4028 x 4 16,112/ mo off APY
initial + monthly with 12% APY after 25 years - 4,486,973 year 25 || 538,436 APY / 52 (weeks) 10,354 x 4 41,418/ mo off APY
initial + monthly with 12% APY after 30 years - 11,534,063 year 30 || 1,384,087 APY / 52 (weeks) 26,617 x 4 106,468/ mo off APY
^ CRO STAKING @.40 cents. If CRO is at .40 cents 30 years from now you will still earn the above staking rewards.
Let's attempt to guess CRO's movement
CRO year 1 @.40 = 40,000 USDT /.40 = 100,000 CRO
CRO year 5 @.80 = 102,803 USDT /.80 = 128,503 CRO
CRO year 10 @1.6 = 264,184 USDT /1.6 = 165,115 CRO
CRO year 15 @3.2 = 679,052 USDT /3.2 = 212,203 CRO
CRO Year 20 @6.4 = 1,745,537 USDT / 6.4 = 272,740 CRO
CRO Year 25 @12.8 = 4,486,973 USDT / 12.8 = 350,544 CRO
CRO Year 30 @25.6 = 11,534,063 USDT / 25.6 = 450,549 CRO
^ This is the conversion CRO at it's highest price point on each 5th year to give you an estimate of how much CRO you'll have.
*none of these numbers are real, just an example*
CRO year 1 @.40 = 40,000 USDT /.40 = 100,000 CRO
CRO year 5 @.80 = 102,803 USDT /.80 = 128,503 CRO
CRO year 10 @1.6 = 264,184 USDT /1.6 = 165,115 CRO
CRO year 15 @3.2 = 679,052 USDT /3.2 = 212,203 CRO
CRO Year 20 @6.4 = 1,745,537 USDT / 6.4 = 272,740 CRO
CRO Year 25 @12.8 = 4,486,973 USDT / 12.8 = 350,544 CRO
CRO Year 30 @25.6 = 11,534,063 USDT / 25.6 = 450,549 CRO
CRO Year 30 @.40 = 11,534,063 USDT / .40 = 28,835,157 CRO - I do not think CRO will be at this price since there will not be enough in circulation
max supply = 25,260,000,000 meaning only ^ x 1000 people can do this.
If CRO is at 25.6 @ year 30 then 56,863 other participants can do this. This means that we would've dropped from the initial participants of 200,000.
-currently at .40 cents there can be 200,000 participants 200,000 x 100,000 CRO = 20,000,000,000B CRO; since currently 5.7B is locked in
-circuclating supply is 19,888,888,888 / 100,000 = 200k participants
Buy 100,000 CRO Year 1 (40,000 USDT) and stake until year 30 @ 25.6 USDT per CRO
100,000 x 25.6 = 2,560,000 USDT + 11,534,063 From staking
*Keep initial CRO of 100,000k and stake USDT from APY
YR 30 = 14,094,063 VS USDT Staking only of 11,534,063 USDT
------------------------
Now,
If you were to buy & stake CRO instead using the predicted price above, it should look something like the example below
CRO year 1 @.40 = 40,000 USDT /.40 = 100,000 CRO || 100,000 CRO 12% APY 12000 CRO / 52(w) = 230 CRO x 4 = 920(m) || compound monthly = 124,350 CRO YR 2.
YR 5 = 256,805 CRO
CRO year 1 @.80 = 40,000 USDT /.80 = 50,000 CRO || 50,000 CRO 12% APY 6,000 CRO / 52(w) = 115 CRO x 4 = 460(m) || compound monthly = 62,175 CRO YR 2
YR 5 = 128,402 CRO
CRO year 1 @.60 = 40,000 USDT /.60 = 66,666 CRO || 66,666 CRO 12% APY 8,000 CRO / 52(w) = 153 CRO x 4 = 615(m) || compound monthly = 82,920 CRO YR 2
YR 5 = 171,338 CRO
^^^^^^^^ This is the medium between .40 and .80, assuming we get some CRO at the lower end and some at the higher end, we should average around .60 cents per CRO
while buying/holding/staking for the duration of the 5 years.
171,338 CRO @.60 = 137,070 USDT after 5 years.
VS USDT Staking = 102,803 USDT after 5 years.
While using the medium of the price targets I have made, we will get a more accurate count/simulation of purchasing CRO throughout every 5th year for my prediction.
CRO year 1 @.80 = 137,070 USDT /.80 = 171,337 CRO || 171,337 CRO 12% APY 20,560 CRO / 52(w) = 395 CRO x 4 = 1581(m) || compound monthly = 213,117 CRO YR 2
YR 5 = 440,387 CRO
CRO year 1 @1.6 =137,070 USDT / 1.6 = 85,668 CRO || 85,668 CRO 12% APY 10,280 CRO / 52(w) = 197 CRO x 4 = 790(m) || compound monthly = 106,552 CRO YR 2
YR 5 = 220,151 CRO
CRO Year 1 @1.2 = 137,070 USDT / 1.2 = 114,225 CRO || 114,225 CRO 12% APY 13,707 CRO / 52(w) = 263 CRO x 4 = 1054(m) || compound monthly = 142,078 CRO YR 2
YR 5 = 293,592 CRO
293,592 CRO @1.2 = 352,310 USDT
CRO year 1 @1.6 = 352,310 USDT /1.6 = 220,193 CRO || 220,193 CRO 12% APY 26,423 CRO / 52(w) = 508 CRO x 4 = 2032(m) || compound monthly = 273,889 CRO YR 2
YR 5 = 565,976
CRO year 1 @3.2 = 352,310 USDT /3.2 = 110,096 CRO || 110,096 CRO 12% APY 13,211 CRO / 52(w) = 254 CRO x 4 = 1016(m) || compound monthly = 136,944 CRO YR 2
YR 5 = 282,987 CRO
CRO year 1 @2.4 = 352,310 USDT /2.4 = 146,795 CRO || 146,795 CRO 12% APY 17,615 CRO / 52(w) = 338 CRO x 4 = 1355(m) || compound monthly = 182,597 CRO YR 2
YR 5 = 377,344 CRO
377,344 CRO @ 2.4 = 905,625 USDT
CRO year 1 @4.8 = 905,625 USDT /4.8 = 188,671 CRO || 188,671 CRO 12% APY 22,640 CRO / 52(w) = 435 CRO x 4 = 1741(m) || compound monthly = 234,679 CRO YR 2
YR 5 = 484,944 CRO
484,944 CRO @ 4.8 = 2,327,731 USDT
CRO year 1 @9.6 = 2,327,731 USDT /9.6 = 242,471 CRO || 242,471 CRO 12% APY 29,096 CRO / 52(w) = 559 CRO x 4 = 2238(m) || compound monthly = 301,605 CRO YR 2
YR 5 = 623,272 CRO
623,272 CRO @ 9.6 = 5,983,411 USDT
CRO year 1 @ 19.2 = 5,983,411 USDT /19.2 = 311,635 || 311,635 CRO 12% APY 37,396 CRO / 52(w) = 719 CRO x 4 = 2876(m) || compound monthly = 387,633 CRO YR 2
YR 5 = 801,028 CRO @ 19.2 = 15,379,737
CRO Year 1 @.60 of 40,000 = 66,666 CRO = 40,000 USDT
CRO year 5 @.60 of 66,666 = 171,338 CRO = 137,070 USDT
CRO year 10 @1.2 of 171,338 = 293,592 CRO = 352,310 USDT
CRO year 15 @2.4 of 293,592 = 377,344 CRO = 905,625 USDT
CRO year 20 @4.8 of 377,344 = 484,944 CRO = 2,327,731 USDT
CRO year 25 @9.6 of 484,944 = 623,272 CRO = 5,983,411 USDT
CRO year 30 @19.2 of 623,272 = 801,028 CRO = 15,379,737 USDT
20Billion / 800k = 25,000 participants, if only 25,000 people can stake this amount of CRO at 19.2 then this is too good to be true. Very small minority are able to do this.
What does this mean? The price of CRO is way too cheap in 30 years. If we started with 200,000 participants then the real value of CRO should be able to be staked
By 200,000 participants.
IF we were to assume that 200k participants are still staking 30 years later
200,000 / 25,000 = 8
800k CRO / 8 = 100k CRO each staker
CRO = 19.2 x 8 = 153.6 USDT PER CRO?
If you do not sell any until the price target of 153.6 USDT
800k x 153.6 = 122,880,000 USDT
CRO Year 30@ 153.6 = 122,880,000 VS Tether staking @ 11,534,063 USDT
^ Maximum value if you never sell all 800k CRO
Realistic value is 11,534,063 - 122,880,000
If you hold at least 100k CRO at year 30 = 15,360,000 + profit of 700k CRO SOLD @ whatever price targets you sold.
^ Realistic value is 15,360,000 - 112,880,000 VS Thether staking @ 11,534,063 USDT
CRO staking VS Tether staking
You have a potential upside of 10x more than tether staking when staking CRO only.
Some people reading this might think it's too late to start staking. It's never too late. If you can't stake 40k for yourself, you can start with 4k for your kids. When they grow up to be 18 they will have a nice lump sum of cash. You can calculate for yourself using this website. Initial amount is 4k, you can add 40 mo with the 10% APY or add none.
You will save them either 22k or 44k, if they have 44k by the age of 18 then they can start the process that I am proposing you above.
www.investor.gov
If I was taught this in high school, I may have never gone to college at all. I feel like this is something all seniors in high school should learn about so they can have the choice to plan out their life ahead. If they want to continue with school at least they can earn money passively while going to school. If not this is a very viable way to retire early without needing a college degree or without working their entire life doing dead end jobs. People can also use this method to chase their dreams and goals while knowing they can have a back up plan and still live comfortably if all else fails. NO where else in life or any retirement plan will give you something near as good as this. No one gives a shit about you to tell you any of this, other than me lol. If you happen to stumble upon this, pass it along as there is room for all of us. Tether staking is available for all with infinite participants. 1 USDT will always be 1 USDT, no risk involved other than you questioning the current retirement plan you have going on. Banks do not give you more than 1% APY and they're only stepping their game up now due to staking rewards like these. Your financial freedom is at your own hands and we weren't born to be wage slaves. If you aren't willing to take a look at something for 30 mins to save you 17 years + millions to be made then I can't help you.
CRO daily...whoa, are you ready for this?CRO Daily chart: well where do we start...the company is screwing everyone
with there horrible cuts in % staking rewards along with many other features
going into the toilet, but, the chart is playing out how it should. Take a look
at the white consolidtion box... .50 and .32 were the support and resistance
levels...and the DeMark 9 has read a triple bottom...only thing, it wicked under
the support but is holding right at it...I feel the sell off is bc of the horrible
email users recievecd over the lst couple days...lets see if it will hold support
here and make a move to the upside... the retracment to thje golden pocket
would be a nice spot for it to get back too and i could see that scenaro if
we hold here...if not, $0.22 could be the elevator down to. RSI is way oversold
as well which makes it a great floor.
Cronos (CRO) - April 25hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(CROUSD 1D Chart)
To turn into an uptrend, it must rise above the 0.4608-0.4802 section.
Therefore, the interval 0.4608-0.4802 is an important interval.
Below 0.3645, it is likely to enter the mid- to long-term investment area.
(buy)
- After confirming the support at 0.3952
(Stop Loss)
- When it falls below 0.3645 and receives resistance
(Sell)
- When receiving resistance in the 0.4608-0.4802 section
- When receiving resistance near 0.5632
A box interval was formed in the interval 0.3786-0.4608.
Therefore, if the movement continues in this section, it is expected that an uptrend to turn up is expected.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
CROUSD DailyPrice is now on the 4 hour ascending trendline, & lower timeframe demand zone. Watching price action here for a reversal, also it is possible that if price breaks the trendline can test key level support for a 3rd reaction for powerful movement. CRO coin has big future potential as it is highly sponsored & has alot of great utilities as well.
Cronos (CRO) - April 5Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(CROUSD 1D Chart)
(buy)
- After confirming the support in the 0.4608-0.4802 section
(Stop Loss)
- When it falls below 0.42
- (Short-term) When you find resistance by dropping below 0.4608, it's a good idea to sell some and check for further movement.
(Sell)
- When receiving resistance near 0.5632
- When receiving resistance in the range 0.643-0.69
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Good time to buy CROChart self-explanatory. Looks like good reward to risk ratio for short/medium/long term based on these levels. Let me know what you think so we all can learn and grow! CRO expected to continue to grow longterm due to their aggressive marketing, defi wallet, portals, and customer growth.
CRO 0.64 $ or back to 0.37 $ ?hello
I hope you are doing well.
I always like to keep the chart simple.
Green path : if today's candle closes green and above 0.45 $ with good volume, it's an entry on the daily chart.
Red path : close below 0.45 $ which is mean we can't be bullish anymore until seeing another resistance breakout, and the price will be drop to around 0.35 - 0.37 $
.....
on 4h chart , we had a retest kinda , but some people wait for bullish engulf or wait for 2 green candles to enter a trade.
also we had a bullish Divergence on RSI
.....
not financial advice !
let me know what do you think and share your ideas with me , please !
have a good day !
CRONOS Pure TechnicalsHi guys,
I have been overlooking the Cronos chart quite recently, and I have to admit that this is one of the most beautiful charts i have looked into, according to respecting simple geometry.
We can see that currently Cronos is both testing the border of the triangle on the outside and as well trying to establish a higher low and support above the previous lower high. If this plays out, a double bottom od W pattern will be confirmed which would send Cronos to its next ressistance levels at 0.54. After that resistance is broken the next target is 0.68, and finally the previous ATH.
In case Cronos losses support and cannot establish a confirmation outside the triangle and above the W neckline, we will be testing the prices of 0.4, and furthermore 0.35 according to the support made around that price.
Trade responsively.
This is an observation and opinion, not advice.
Cheers!
Cronos (CRO) - March 20Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(CROUSD 1W Chart)
We need to see if we can continue the uptrend with support in the uptrend channel.
Therefore, point 0.377 is an important junction.
------------------------------------
(Coinbase CROUSD 1D Chart)
1st resistance section: around 0.4799
Secondary resistance section: around 0.643
Support section: 0.3645-0.3952
-------------------------------------
(CROBTC 1W chart)
0.0000 0607 - 0.0000 0746 or higher: Expected to continue upward trend
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
CROUSD - Technical short term downtrend (15m chart) - 003Since 09Mar, CROUSD has been trading mostly sideways, with Bollinger band tightening.
Trading band in a descending triangle pattern with the upper downtrend line (formed with Nov21 and Mar22 highs) and immediate support line of 0.37. Poised for breakout or breakdown by 18Mar.
After which, we look to the 0.35 support line if breakdown below 0.37, or using resistance-turned-support downward trendline as a guide
CRO Crypto.com: 4H Chart ReviewHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Crypto.com (CROUSD).
Crypto.com price has been in a downward trend. There are multiple Support and Resistance Lines shown. The price may make an attempt to get to the 0.236 Fibonacci Retracement area with the Ichimoku Cloud possibly creating resistance. RSI, MACD and MFI look bearish. Price is below the 20, 50 and 200 SMA.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Crypto.com CRO - Ascending Inverted ScallopThe focus on the last part of the course is where we keep an eye on.
The Ascending Inverted Scallop with which we can nicely define the playing field. price target calculated (A - B = $0.15 x 0.64 = 0.096 + B = C).
It also coincides with a Falling Wedge which may be needed to approach the top of the scallop zone. with the slight positive divergence and the price at the bottom of the bollinger band, an upward impulse would not be surprising. does take into account any breakout at the bottom seen on large timeframe that show is present. a possible fakeout based on the goldenpocket shorter trend soon coincides with the 0.382 of the major trend, but if its continues to fall, prices towards $0.40 are not surprising.
Keep calm, trade safe and manage your risk.
*(Disclaimer: This is not financial advice)
CROUSD - Technical short term downtrend (15m chart) - 002A followup to the previous chart
Initial anticipation to hit the 0.39 level and resuming downtrend to the 0.35 short term bottom (in the coming days). This may be further extended with the temporary rally due o the material news of the treasury statement signaling some bullishness for crypto
Looking to see if the rally fails to surpass the 0.41 - 0.42 resistance level, with support levels at 0.37 and 0.35.
Daily chart shows a slightly descending triangle since Dec21. waiting to break strongly either sides before end of Mar22.
CROUSD Looks Bullish CROUSD has found a nice double bottom support above 0.786
Previous rejection points at 0.618 and 0.5 indicated by red arrows
In white box's I portray similarities between two points, both resulting in bullish results, from a double bottom scenario
Overall it does look bullish after breaking out of this rising wedge , which is normally considered more of a bearish pattern