CROUSDT
CROUSD Crypto.com Coin Reaching a Point of ResistanceCROUSD has made a bullish run in the past few days and is now reaching a point of resistance and perhaps reversing off of it. The resistance line it hit is at the price where the highest volume occurred, at $0.69, as shown by the VPVR (Volume Profile) indicator. If price does reverse off of this resistance, then it forms a right shoulder and I would be looking for further downside or a stronger trend reversal signal.
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CRO should test 200EMAKUCOIN:CROUSDT
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Possible Targets
➡️For continuation I think CRO should retest 1 level by FIB and 200EMA on D1
➡️Interest zone now between 0.15$ and 0.25$
➡️Yellow arrow I marked possible scenario for CRO how to reach new ATH in 2022
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CRO - is going to get rid of the descending tunnelBYBIT:CROUSDT
1H trend chart
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CRO is approaching to the upper downtrend line
If price can break it out, we can set a trading strategy with nice reward/risk ratio as below.
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Profit Targets:
a) 0.61405----Fib(0.618)
b) 0.69790----Fib(1)
c) 0.75760~0.78175----Fib(1.272~1.382)
Stop losses:
a) 0.50700-----Red horizontal ray
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CROUSDT DCA long opportunity for 2022!CRO is getting support from 1,618 fib extension level and 0.618 retracements (Made cluster support) as well as a logical barrier or 0,5$.
MACD is almost at the end of the downtrend.
RSI is about to break the downtrend.
Stochastic RSI is ready as well.
If 50 days moving average hold the price we should see some consolidation and accumulation then go higher otherwise, 100 SMA is the next buy zone.
The first target is the logical barrier of 1$ if we can break it we will go higher as depicted in the extension fib level.
Dollar-Cost Averaging (DCA) is the best strategy.
DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment.
Crypto.com Coin (CRO) at re-test after breakoutCrypto.com Coin (CRO) at re-test after breakout.
A new ATH would be conformation for leaving the old rising trend-channel 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Crypto.com Coin (CRO) - December 9Hello?
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(CROUSD 1W Chart)
Above the 0.15101-0.198 section: The uptrend is expected to continue.
If it falls below the 0.377 point, it could fall near the 0.198 point, so trade cautiously.
Therefore, if it falls in the 0.49699096-0.55587072 section, a short-term stop loss is required.
A strong support zone is likely to form near the 0.377 point, so you should think about how to deal with it.
in the short term
First resistance section: near the 0.73251 point
Second resistance section: 0.90914928-0.96802904
First support section: near point 0.37923144
Second support section: 0.20259216-0.26147192
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(CROBTC 1W chart)
Above 500 Satoshi Point: Expected to continue upward trend
Over 900 Satoshi points: Expected to create a new wave.
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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 the price trend is in an upward trend or a downward trend, 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 be able to regenerate themselves.
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** 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 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.)
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price at crossroads, dictated by margin buying/selling pressureCRO price is in an interesting spot. seems to be heavily influenced by leveraged traders, sticking to these levels like glue.
while it appears to be breaking out above the downtrend line, i'm still leaning short here with the confluence of 3x shorts ramping up, 4x longs off the table, and potential resistance retesting the prior bull channel.
a breakout above $0.65 would be tempting to buy.
CROUSDT and long buy opportunity !Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
The Demand zone acted well as a support for the CROUSDT with the sprinbox candle (With high volume ) so the buyers are there.
Possible Entries:
1) after the trend breakout
2) at the 0.5101 support level 1 and 0.3928 next support level if the price retests the demand area.
3) the worst case is the final support zone at 0.27
Possible Targets:
1) the 0.76 (POC)
2) The all-time high at 0.97
3) Plus this coin has a legit company behind the technical chart details. So hold it to 5 or 10 $.
CRO/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Since CRO is moving faster than my previous chart, I will post a updated chart to so it's easier on the eye and I've removed the other wave counts since we have a better idea of where it's going.
CRO crypto.com going parabolic? Fibonacci levels CRO crypto.com going parabolic???
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Here is a quick logarithmic chart to get an idea of where to get on and off from this fast mover...
Clear uptrend channel visible from this angle and using a Fibonacci which so far the price bounced off the 61.8% level after Black Friday market antics brought it down to around $0.60
Huge fundamentals with the Stables centre sponsorship will keep this coin bounding high, any negative news will hurt the price giving great opportunities to get on this fast and wild horse
Let's see if some speculators are correct into the next years using this weekly log chart, time will only tell...
Off to DJ at CoinFestUK later today, catch u all after the bloodbath, looks like lots of pain today in the markets
majorlee
$CRO Divergence on D timeframe.✅COINBASE:CROUSD
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️ Test support line
➡️ Forming divergence on RSI - D timeframe
➡️ Last impulsive move up to 1.20$ by end of Bull cycle
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Don't forget sub and join my channels under this idea!
CRO about to spread its wingsCRO looking to fly again here.
Breakout of H4 downtrend on OBV and RSI and price action trend line. Should have another 7% to 1st resistance and potentially retest ATH within the next few days if BTC trends up.
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Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Use multiple indicators to confirm your TA on price action.
10. Only trade what you are willing to lose. It will be hard to trade without emotions.
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
CROUSDT inverse head shoulderCROUSDT could break out of a beautiful IHS after CRO showed some bullish divergence on MACD and RSI at the .886 fib level. and on the left shoulder MACD printed some hidden bullish divergence .
If CRO manages to close a 4h above the neckline of the IHS, it would confirm the breakout and one could open a long. (not finacial advice)
Target of the measured move of the IHS coincides with the .618 and is def a the first profit taking level.
Lets hope BTC can keep rallyin and bring some confidence back to the market.
CROUSDT Complex momentum-shifting-structureCRO been goin crazy in the last couple weeks and it all started with the legendary inverse head and shoulder pattern that formed from june to end of july and broke the neckline in early august. From there CRO been mooning from below $0.1 and hit a ATH around $0.98 on Nov. 24.
Since then CRO sold off after showin bearish divergences on the daily rsi and to me it was quite difficult to tell what CROUSDT is actually doing. But with more data theres more clarity. Its quite astonishing to see all the Patterns that the Chart throws at us.
Instead of callin for exact patterns Names or deciding for one over the other, one should look at what this patterns trying to tell us as traders and analysts.
CRO made a lower low double bottom, broke a supply line (dragon or creek) and flipped it to a support, while forming higher lows and painting another inverse head and shoulder pattern, inside of a potential ascending triangle. All in all its a complex momentum-shifting-structure which could lead to a continuation of the Rally. Also short timeframe oscilators imply that this could be the new bottom for CRO.
With all this intel its getting pretty easy to manage risk here. If CROUSDT can continue to make higher lows and doesnt fall below $0.65 and doesnt break the demand line of the potential ascending triangle its safu.
There are 2 Ways to trade this either with a stop loss around the demand line for a short term trade or with a SL below $0.65 for a short swing trade. But its a small structure at high premium levels so i would not recommend to actually act on this setup. No Value at those levels even tho it could go much higher from here.
Altough there were alot of technical arguments for CRO, the pumpage we saw in the last weeks been mostly fundamental. Crypto.com launched the Beta for their CRONOS EVM-Chain Mainnet on Nov 9. which is revolutinary because the company combines defi with cefi and enables frictionless transfer of defi gains directly on to their visa cards. I used alot of farms and stuff on other chains, but never felt as safe as on CRONOS since CDC is heavily compliant with regulators and alot of projects on chain are financed by CDC so the chance of rugpulls reduces drasitically. I also generate enough passive income thru the Dapps that i was able to quit my job.
this is no financal advice or CRO shilling, just my honest opinion about the asset i monitor the most because i hold 75% of my networth in CRO and multiplied my BTC holdings since march 21 thanks to this asset.
CROUSDT - Close to the resistance area and entry timingKUCOIN:CROUSDT
4H trend chart
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CRO has already broken out the downtrend line.
But it is so close to the resistance area , so the safer way to buy is wait it to stand above 0.777(blue horizontal ray)
If price can take out 0.777 without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 0.8199----Fib(1)
b) 0.8688~0.8886----Fib(1.272~1.382)
c) 0.9311----Fib(1.618)
Stop losses:
a) 0.6851-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!