New ATH? CRO has recovered nicely from the sell off.
We may see a new ATH before the new year.
Merry Christmas everyone,
I hope 2022 brings you all great things
CROUSD trade ideas
CRO LONG 1h
Setup: Market in advancing stage, higher highs and lows, breakout of range
Entry: 0.646536( Breakout of 4h 200 ma and macd crossover)
SL: 1 ATR below 1h 50 ma at 0.5775
TP: 0.795
CRO long$CRO bounced off the Golden pocket area formed by Fibonacci levels. Descending trendline was also broken as well as the resistance level. Bullish movement is expected to continue and reach the resistance at 0.98$
Crypto.com (CRO) important levelsCrypto.com (CRO) important levels on the 1hr chart 12/24/21:
52 week H = $.9698
52 week L = $.0560
Price levels 1hr chart:
EMA233 = $.5496
EMA144 = $.5522
EMA89 =$.5609
EMA55 =$.5756
breakout = $.6482
R3 = $.6390
R2 = $.6298
R1 = $.6207
pivot = $.6115
S1 = $.6023
S2 = $.5931
S3 = $.5840
breakdown = $.5748
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
CROThese are levels that I'll be keeping an eye on when dealing with CROUSD, and I'll revise as price action progresses.
I adapt to the change in money flow.
I see a nice setup forming on this crypto from the higher perspective. I'm anticipating further movement to the downside, and looking for money flow to change hands between the $0.36 - $0.45 range.
*Indecision/bullish impulse @ $0.42
*Bear trap @ $0.48
*Liquidity (potential) between $0.36 - $0.45
* Sprinkle some fundamentals in the mix for extra seasoning 😎
Just my thought's and nothing more, nothing less. We shall see..
CRO: Crucial ZoneIf BTC reverses to the upside with strong bullish momentum, then CRO should follow. This support zone around $.48 - $.50 has held three times, which could be an optimal accumulation area.
100%+ gains from here to previous ATH at $.98. If this breaks $1 in the next few months, CRO will fly.
Bearish scenario: If CRO breaks below $.47 with a full daily close, then this idea is invalid.
This is not financial advice. These are just my ideas and opinions.
Top Alt Coin: CROCRO is an altcoin with long-term potential. Another 2x-3x is reasonable within 2022.
Fear is high in the market right now, and this is an opportunity to get a good entry on high-value projects.
My analysis is that CRO will rally leading up to the Super Bowl. Because, Crypto .com has spent millions on super-bowl advertising. Following game day, a small correction can be expected when people take some profits. Buy the rumor, sell the news situation.
Soon after that, however, the price is likely to continue rising through March during basketball season. Precisely because Crypto .com has NBA partnerships and MMA partnerships on top of that. This is a well-timed build-up of demand momentum for CRO token all throughout 2022 by following major sporting events.
Crypto.com Coin Follows Crypto SentimentLooking forward to securing very cheap CRO coins below $0.40.
$CRO longthe 4 spits now are now a floor and I see next movement is 0.67 to 0.70
CRO is buy position as long as its below $1, this will be work $5 later one so buy and hold
Cro token possible 20 percent if breakout Possible 20 to 25 percent gain to be made if market plays out .let me know
Simple if possibleGuess we would really need a few whales to step in to push us back up from this level, still possible. Simple double bottom
CRO : Support-Resistance levelsNothing much just draw from my curiosity about the future for this coin,
Since I saw their sponsors almost everywhere n everyday on FB
I think their NFT market place will grows bigger very fast because everything seems so easy in USDT and no fee at all (for sellers.)
Crypto.com coin / lots of buying opportunities this Crypto.com Coin is new which mean the buying opportunity make sense. Little bit of lucky, this can make you money and I mean lots of money. this could be like ethereum, shot up
$CRO READY?CRO is working its way back to the support marked and looks strong. However, if BTC drops of course everything drops with it. If BTC still abled expect to see moves from here.
3 Potential Indicators of HUGE Gainz!!1. High Demand Area - Every time price has been in this purple box area it has made BIG to moderate upward moves.
2. The biggest Parabolic upside move for CROUSD was after the bullish engulfing candle as marked. Now we could close today at another bullish engulfing candle again.. which means that we might expect similar up action to follow like last time (to a price of around USD 1.00 or above). I say that because the last time we saw a bullish engulfing candle in this high demand area in this same order - we experienced this massive parabolic up-move on 4 consecutive days - reaching a price level of 96 cents.
3. This play perfectly lines up with the stochastic RSI momentum as demonstrated, if the crossing of the blue line over the red line and then working upwards back into the zone away from "oversold" area and keeps moving up - buyers at current price may see really good profits perhaps a 2x of investment if reaching over a dollar after this potential bull run that I am expecting.
crousdtrading shall be quiet during christmas/new year holidays down trend likekly will buy on lows or if it passes certain resistance too
Market repeating an expansion The same steps as in the first example could be happening in the exact same way again a second time.
Read the boxes.
CRO, marketing, debt services and the future. CRO is showing a lot of strength. Continued momentum upward. Short traders are being cut down at almost every timeframe.
In the eyes of the every day consumer,
Crypto.com has formed a strong name for itself through professional marketing and real world application using crypto and debit card service integration. Since adding well known actors as spokesmen and displaying their name on iconic venues, Crypto.com is becoming a very VERY visible currency.
In the eyes of the investor,
CRO is being compared to BNB (the binance exchange coin) based on the creator being an exchange (crypto.com). If traders also begin to draw this comparison than they will see that BNB went from ~20$ to ~400$ over the past couple years and CRO will have a long ride up before it finds resistance.
The chart I've shown here is really just a guess at a bullish scenario. Pointing out a few resistance and support markers along the way.
Trade safely and enjoy the holidays everyone.
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.
LOOKS LIKE CRO IS TESTING THE SUPPORT If Bitcoin doesn't surprise us with the bull trap I only see one direction after this ......
CRO: The DowntrendAfter a massive rally, CRO has now plummeted 50% from the top in just 9 days. Clearly, we can see that CRO is in a downtrend. The question now is, what happens next?
If CRO keeps making lower lows and lower highs, then the downtrend will continue. In addition, the market is showing extreme fear and volatility.
In the most recent dip, CRO has touched the same local support zone from November 18th. If this zone holds, then we may see more upside movement from here and it would be a good accumulation area.
This is not financial advice. These are just my ideas and opinions.
