Is this the end of the parabolic move on CROUSDT?Crypto.com coin strikes again. It has now become the 13th-largest cryptocurrency, according to Coingeko. In 2018, CRO was launched as the product of the Crypto.com company. Just like Binance coin (BNB), Crypto.com customers can use CRO to get discounted trading prices and qualify for better rewards. Crypto.com chain is also supposed to offer fast payment processing, to make it easier on the customers who pay with cryptocurrency and easier on the merchants who gets paid for their services using cryptocurrency. Also Crypto.com chain will support the expansion of the Crypto.com's line of MCO visa payment cards. With all these services and goals that Crypto.com is trying to achieve, I believe that everyone should keep an eye on their products. Recently, the cryptocurrency trading platform announced that it had paid $700 million to the Anschutz Entertainment Group to rename Staples center to Crypto.com for the next 20 years. This news has triggered a majestic parabolic move. Parabolic movements are usually caused by F.O.M.O, which is why when the selling pressure begins to happen, the dominos effect takes place, which results in a strong downward movement. For now I have decided to stay away from the coin and wait for more price action to develop. Although we are approaching a strong resistance, se we might see a downward movement very soon.
CROUSDT
Crypto.com Coin (CRO) - November 20Hello?
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(CROUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.15101 point: Expected to create a new wave.
(1D chart)
If it falls below the 0.35075000 point, it may fall below the 0.275 point, so a short stop loss is necessary.
However, you can touch the 0.22776-0.275 section and rise, so you need to think about countermeasures.
The uptrend is expected to continue unless it moves inside the short-term uptrend lines (A) or (B).
Volatility around the 5th of December should see if it moves inside the short-term uptrend line (A).
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(CROBTC 1W chart)
343 Satoshi-464 Satoshi or higher: Expected to continue upward trend
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
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 yet been released.
(Because it is not public, 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 the 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.
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(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.)
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Crypto.com Coin Eyeing $1As per the Elliott Wave analysis, the Crypto.com Coin (CRO) shows an impulsive price structure that calls for higher prices. CRO has gained more than 57% in the past 7 days, breaking above the mid figure $0.50. CRO is now looking ahead to eye another significant milestone – the $1.00 mark.
Elliott Wave Analysis
The Elliott Wave analysis suggests that the rally from the 3 November low can unfold as a 5 impulsive wave structure. Up from 3 November low, wave 1 ended at the $0.42 high. Then, the coin extended lower in wave 2 towards the $0.31 low, and from there, it bounced higher in wave 3, which is currently still in progress.
Wave 3 can be broken down into 5 sub-waves, but the move towards the current high of $0.69 only unfolded in 3 waves. Wave 4 seems in progress now, which should end above the support level of $0.42. From there, we would need one more leg higher to hopefully complete wave 3 of a higher degree. Once this is completed, there is still more upside to come in wave 4 and wave 5 to fully complete the entire 5 wave sequence.
The uptrend ATOM and its community are in is just beautified artbullish on ATOM indefinitely and IBC as a whole.
lets say we have a ecosystem war.... atom is the one that creates the peace between worlds
im not going into a deep dive in price and where i think its going, im just letting everyone know don't let ATOM sneak up on you
CRO and ATOM also everything related to ATOM, LUNA and the bunch
CRO/USDT - Cryptocom Token.CRO has been on a exceptional run lately.
Personally I don't think this run I over. I believe we are having a cool off which is very normal, especially when the token has done a huge amount of percent in the past week.
We could be seeing numbers like 0.34 - 0.32 then 0.30 if the yellow trend line is broken.
There is 1 positive to this pullback, we do need to come down a slight more to form a hidden bullish divergence. As long as we don't break the structure of 0.32 the divergence is still forming, and we remain bullish.
- kryptokian :)
My crypto.com Coin PlanGood morning everyone,
CRO token reached my target for a possible retracement and profit taking. Right now all my CRO tokens are locked for the crypto.com credit card.
My plan for the CRO is to stay in as long as I am in their ecosystem. We are still early adopters, when they reach 50 million users, the inflow in this ecosystem will be insane, and CRO token will do very well.
Now for my plan, right now I would sell 20% if my coins were not locked because I'm expecting a drop to 25-15 cents next year. This is where I will accumulate enough CRO tokens to upgrade my crypto card and then ride till my next target,55 cents.
What do you guys thin about CRO and their ecosystem?
Feel free to like and comment!
$CRO looking good, but facing major resistance at $0.25.NOT FINANCIAL ADVICE
As expected, a large amount of $CRO were unstaked (from Q4 2020 and Q1 2021 adopters) and sold during Q3 2021 especially, suppressing price action.
However as we enter Q4 2021, we can see a positive trend developing. Increasing buyers and decreasing sellers.
Assuming that adopters from Q2 2021 have yet to unstake from their 6 month bonding (Q1 2022 onwards only) and a low number of signups occurred during the bearish Q3 2021, then $CRO looks primed for discovering new ATHs again.
However a major level of resistance needs to be cleared first: $0.25.
It's possible that some unstaked $CRO are waiting to be sold at this level, so I would expect a technical reversal as slight selling pressure will be faced.
We can expect at least a reversal down towards $0.185 to $0.216 (likelier) if this rejection comes to fruition.
However, should price break out of this resistance, then safe to say, the Bulls are back in control -- but until we get confirmation, anything is possible.
Until then, happy trading~
$CRO Crypto.com ALL-TIME HIGH in the making!Crypto.com Coin $CRO
Buy and sell 150+ cryptocurrencies with 20+ fiat currencies using bank transfers or your credit/debit card.
All time high in the making. The red lines must hold but looks really good if they broke idea fails.
Broke resistance and could be support.
Let me know what you think and dont forget to take profits on the way up.
DYOR.
Long entry points for Crypto.com token ($CRO)Messy chart, but these three levels are where I am looking to ladder in my entries for CRO/USDT. A few factors create confluence in my mind, including Support/Resistance Levels, Fib Retracement, Decreasing Sell Volume, a big swing away since last 100MA touch and also RSI approaching being oversold and due a breakout. #LADSTRADS
CRO - $0.333CRO is currently trading just above the support zone of $0.1650. If its stays above this support zone, we could start seeing a move towards $0.1896, $0.2048, $0.2170, $0.2293, $0.2467, $0.2689 and $0.3330. Failure to hold the support at $0.1650 could lead to a drop towards $0.1560 and $0.1458.
Cup and HandleInverse H & S from my previous prediction was fulfilled with the $0.20 target being met. Now a period of consolidation begins before the next move up. I would expect price action to bounce off the yellow middle line for a while with red b-bands contracting for the next move. I expect the price to hit the $0.20 mark and eventually break past to new ATH given the overall bullishness of the market. Green RSI indicates that a short term bounce is incoming and price would increase (green circle). The blue line represents where I expect the price to head. Not financial advice, simply my opinion and trade safe!