LOCAL REFUND OF THE PRICE CROHello everyone, let's take a look at the 4H CRO to USDT chart as you can see the price is moving below the local downtrend line.
Let's start with setting targets for the near future that we can take into account:
T1 = $ 0.1081
T2 = $ 0.1109
T3 = $ 0.1140
and
T4 = $ 0.1181
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.1061
SL2 = $ 0.1046
SL3 = $ 0.1031
SL4 = $ 0.1011
and
SL5 = $ 0.0984
Looking at the CHOP indicator, we can see that at the 4H interval, the energy slowly begins to increase, while the MACD indicator indicates a local upward trend.
CROUSDT
CRO LongHello Traders, here is the full analysis for CRO , let me know in the comment section below if you have any questions.
The ellipse could represent a possible zone with good risk/reward to accumulate long position.
Please note that all the information and publications hera are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. What you will find here, are only views of a Cat passionate about Finance.
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 close to supportHello everyone, let's take a look at the 1H CRO to USDT chart. As you can see, the price is moving below the local downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 0.2756, if the support breaks, the next one is SL2 - $ 0.2645 and SL3 - $ 0.2344.
Now let's move from the resistance line as you can see, the first resistance is T1 - $ 0.2959, if you manage to break it, the next resistance will be T2 - $ 0.3142 and T3 - $ 0.3297.
Looking at the CHOP indicator, we can see that the energy has been rebuilt in the 1H interval, so we can expect traffic in the coming hours.
It's worth remembering about stop loss!
CROUSD - Seeing a lot of air.Crypto.Com has been marketing heavily lately and where do one think this is being funded from?
It's no surprise that plenty of selling pressure exists despite the swath of interest (and signups) in its product.
Despite its recent debacle of removing staking rewards and then reinstating them, price has seen a bit of a reprieve, but for how long?
It'll need to develop a strong support level soon, but it looks like its still in price discovery.
A stronger support trend would be its long term trendline from Dec2020 and that could see price heading towards $0.19 again.
CRO Black Swan turns into Good News Today?CRO, Cronos, the Crypto.com coin announced a day or 2 ago that they were removing staking rewards
I mean literally, the only reason to be in the project and use the card right?
Anyways, got an email an hour ago saying they're bringing it back albeit at lower % returns but still
bringing it back.
This was timed perfectly IMO because we have now retested the High Timeframe Structure
that we needed to retest.
In any case a black swan followed by bullish news, I mean I'm glad I'm still in the project
CRO, bullish opportunityHello Traders, here is the full analysis for CRO, let me know in the comment section below if you have any questions.
The ellipse could represent a possible zone with good risk/reward to accumulate long position.
Please note that all the information and publications hera are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. What you will find here, are only views of a Cat passionate about Finance.
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.
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(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.)
---------------------------------
The CRO is fighting the first resistance.Hello everyone, let's take a look at the 4H CRO to USDT chart. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.4335 if the support breaks down, the next one is $ 0.4093, another support at $ 0.3738 and another $ 0.3281.
Now let's move from the resistance line, as you can see, the first resistance that the CRO is currently struggling with is $ 0.4460, if it can be broken the next resistance will be $ 0.4686 and $ 0.5029.
Looking at the CHOP indicator, we can see that in the 4H interval we have a lot of energy that can be used in the coming hours.