CRO/BTCCronos breaking out in Bitcoin value, this shows strength towards CRO buying power priced in CRYPTOCAP:BTC and it will likely be trending toward the upside over the next few weeks.
✳️ Cronos Bottom Catch? Another One (1,000%+ In 2021)Cronos produced more than 1,000% (10X) in its 2021 bullish wave and there is possibility for something similar this time around.
In this chart we can see the 2021 bull-market on the left side and going from left (Feb. 2021) to right (June 2023) we have a long-term higher low.
Here you can see a ve
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
BTC Dominance increases, 100-360 DAYS until reversal for CronosExpectation based on historical analysis is that Cronos will oscillate against BTC, scenarios:
1. either BTC to rise in value
2. or Cronos to drop in value
so that proportionally Cronos to fall below the long-term trendline.
CROBTC Weekly chart showing bullishTextbook bull flag formed ready for a breakout?
The bull has formed within a bearish descending triangle.
Which one will suffice?
Comment below.
CRONOS CRO in the BTC converging channelBTC is acting as a strong resistance level for CRO. In order for the breakout to occur, CRO should break out the long-term converging channel -- otherwise, it is smarter to buy just BTC instead of CRO.
No financial advice.
Crypto.com CRO with 300 days converging channel forming?CRO may be forming a 300 days converging channel. Be patient.
Super stressful accumulation period may be coming.
Short-term
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- SuperBowl expectations may be too low or too high
- Launch of Crypto.com Exchange US, unexpected results
No financial advice.
CRO oscillating against BTCLast time, we had 87% drop against BTC with CRO. Historically, it is more probable that either CRO will drop or BTC will rise proportionally more against CRO.
- is this behaviour an anomality or is it because Crypto.com can control and affect CRO the most?
- no support with moving averages (illust
CRO Volume not yet on the level for parabolic run of AltseasonAltseason is somehing predicted and expected, #CRO could be a major benefiter.
- The volume of #CRO is not yet on the level I would expect for the explosion
Be patient. This can change very quickly!
Not financial advice.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.