Get started
CronosCronosCronos
#35#35#35

Cronos

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

CROUSD trade ideas

Cronos (CROUSD): Ready for correction?Cronos #CROUSD: CRYPTO:CROUSD Cronos a cryptocurrency that has shown exceptional performance since October 2023, marking the end of a correction at $0.0488. We've developed a Wave (1) and have completed a Wave (2), which ended as a zigzag correction. This correction reached the 61.8 to 78.6 level beautifully, a common occurrence in cryptocurrencies, often hitting exactly 78.6%. For the downward Wave C, the zigzag correction precisely hit the targeted 127 to 138% levels. This trade looks very promising. We're currently anticipating Wave (3), which should reach at least a 161.8% to 361.8% extension. Our expectations lean towards the range of 161 to 261.8%, but only time will tell. The next entry point is critical, and we're looking at the subordinate Wave 4 for this. We expect this wave to retrace between 38.2 to 50%. We don't foresee a drop deeper than the 50% level for Wave 4. The 38.2% level aligns exactly with the peak of the overarching Wave (1), while the 50% mark is approximately at the subordinate wave B level. Our stop-loss is placed just below the 50% level, also on a high between waves B and C, providing solid support that should contribute to a push upwards. We're expecting a rise to at least 161.8%.
CRYPTO:CROUSDLong
by freeguy_by_wmc
CRO: Is it the Next Breakout Cryptocurrency?There are a few reasons why CRO is breaking out. First, the Crypto.com exchange is growing rapidly. In the past year, the exchange has seen its user base grow by over 1000%. This growth is being driven by the increasing popularity of cryptocurrency trading. Second, CRO is being used more and more for staking. Staking is a process of locking up tokens in order to earn rewards. The rewards for staking CRO can be quite high, which is incentivizing more people to stake their tokens. Third, CRO is being used more and more for the Crypto website Earn program. The Earn program allows users to earn interest on their cryptocurrency holdings. The interest rates for CRO are quite high, which is incentivizing more people to use the program. Conclusion: CRO is a cryptocurrency with a lot of potential.
COINBASE:CROUSDLong
by sansoorchi
Cryptocom Play Softly- After the FTX Disaster, i really reconsidered my invests when i wanted to buy an Exchange Token, all combined (BNB Also). - That said Cryptocom at least survived at 2022 panic and the trend acted as a normal bear market bearish mode. - i made some good returns in 2021 when Cryptocom rushed to 1.2$. - i sold my tokens around 0.75$ because it was more than enough for me. - if you don't have any insiders connections, you will never know if a project is healthy or not. - Anyway it always worth to diversify and invest a bit in everything you feel having a real potential. - Exchanges Projects, Privacy Projects, Defi Projects, Meme Projects, Real Tech Projects, and of course, Bitcoin for Safety... - Everything is still pure gamble and all is depending on the teams decisions, some will fails and some will moon. - Now for the method : - just look at the bubbles in the graph (Bounces + Rejections ). - Find the price action range. - Find the breakout potential zone. -- Better to buy a breakout near from a Bouncing zone. -- Try to avoid to buy close from rejections zones (Fakes Breakouts). -- invest smartly, don't go all in, keep juice to rebuy always. -------------------------------------------------------------------------------------------------------- Trading Parts -------------------------------------------------------------------------------------------------------- Buy : 0.52$ ( a bit ) ( Potentially new 2023 Bottom ) Full Buy : 0.026 (all in) ( Bottom 2020) ( worst case ) -------------------------------------------------------------------------------------------------------- TP1 : 0.095$ TP2 : 0.18$ -------------------------------------------------------------------------------------------------------- Next Bull Run Max Price : 5$ -------------------------------------------------------------------------------------------------------- - Stay Safe, Play Wisely. Happy Tr4Ding !
BITTREX:CROUSDLong
by thecryer
11
Cronos: Not Far Now! 🏁👣CRO continued its descent last week, making progress in line with our primary expectation. Now, it is not far from the green Target Zone between $0.0771 and $0.0571, into which we expect the price to dip to set the low of the green wave 2. Long entries could be made within the range, with stops around 1% below the lower edge to minimize risk. Once the low is in place, a reversal should occur, and the price should rally to well above resistance at $0.1230.
COINBASE:CROUSDLong
by MarketIntel
CRO: Tightening Below Key Resistance (BULLISH)🚀📉Today, let's explore the exciting developments on the CRO chart, where a recent breakout from a falling wedge pattern has set the stage for potential upward momentum. The coin is now consolidating beneath a critical resistance level, teasing the possibility of a decisive breakthrough. Here's a closer look at the current scenario and what to anticipate next. 📊🚀 Analyzing CRO Chart: From Falling Wedge Breakout to Key Resistance Battle Falling Wedge Breakout: Pattern Formation: CRO recently experienced a breakout from a falling wedge pattern, a bullish sign that often precedes upward movements. Momentum Shift: The breakout signaled a shift in market sentiment, hinting at potential bullish momentum. Consolidation Beneath Key Resistance: Critical Level: CRO is currently consolidating beneath a key resistance level, a crucial zone that traders are closely monitoring. Accumulation Phase: The consolidation suggests an accumulation phase as the coin prepares for a significant price move. Gearing Up for the Challenge: Potential Breakthrough: Traders and investors are eyeing the possibility of CRO challenging and breaking through the highlighted resistance. Volume Analysis: Confirming the breakout with a surge in trading volume would add weight to the bullish case. Trading Strategy Considerations: Confirmation Signals: Wait for Confirmation: Prudent traders may consider entering positions after a confirmed breakout and retest of the resistance turned support. Volume Validation: Verify the move with robust volume, indicating substantial market participation. Risk Management: Stop-Loss Placement: Implement effective risk management strategies, including well-placed stop-loss orders, to protect positions. Monitoring Key Levels: Keep a close eye on key support and resistance levels for potential trend reversals. Price Outlook: Optimistic Scenario: A successful breakout could pave the way for a sustained upward trend, with potential price targets in focus. Conclusion: CRO's journey from a falling wedge breakout to the current consolidation beneath key resistance presents an intriguing narrative. Traders should exercise patience, await confirmation signals, and stay vigilant as the coin gears up for a potential breakthrough. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
COINBASE:CROUSD
by AlexWhale
3
Blue Chip Alts: CRONOSI can clearly count 5 waves down, including an extended 5th wave. Following this, price printed a clear Market Structure Shift. I have marked anywhere from the 0.79 fibonacci to the swing lows as a clean buy area for the bullrun. Will be 1 of 2 "blue chip altcoins" allocations in my portfolio. Emphasis on the word ALTS. Cronos is not a bluechip. But in the altcoin world, I'd consider it a heavyweight with a good business model, and room to run to $0.60 USD at minimum Clear choice for the next bullrun, imho. #notfinancialadvice #ever
COINBASE:CROUSD
by PLAYBOYP416
DUBAI AWARDS CRYPTO.COM SUBSIDIARY KEY VIRTUAL ASSET LICENSEDUBAI AWARDS CRYPTO.COM SUBSIDIARY KEY VIRTUAL ASSET LICENSE Crypto.com’s Dubai subsidiary, CRO DAX Middle East FZE, has received a provisional license from Dubai’s Virtual Assets Regulatory Authority. Upon receiving operational clearance for its VASP license, Crypto.com will offer a full range of services. The interim license allows Crypto.com to establish Dubai as its regional hub for the Middle East and North Africa. In a crucial milestone towards promoting its position as a worldwide center for the virtual asset industry, Dubai’s regulatory body has awarded a provisional license to Crypto.com’s Dubai subsidiary, CRO DAX Middle East FZE. Subject to regulatory and operational clearance, a Reuters article claims that this would enable Crypto.com to provide services to individual and institutional clients, including cryptocurrency trading, brokering, investing, and borrowing. In a major regulatory step forward, Crypto.com’s Dubai subsidiary CRO DAX Middle East FZE has been granted a provisional license by Dubai’s Virtual Assets Regulatory Authority (VARA). Crypto.com will be able to provide a full range of services to the market’s retail and institutional investors once it receives operational clearance for its Virtual Assets Service Provider (VASP) license. Despite the presence of the Dubai International Financial Centre, the regulatory approval comes as Dubai strives to become a key worldwide hub for the virtual asset industry. Meanwhile, CEO Kris Marszalek, presenting the update, showed confidence in Dubai’s regulatory structure. He lauded Dubai’s status as a pioneering cryptocurrency market, noting that it has pioneered both the development of sensible rules and the promotion of widespread use and innovation in the field. In 2022, Crypto.com, which serves over 80 million clients worldwide, followed the rising trend of major industry players picking the Gulf city-state of Dubai as its regional base for the Middle East and North Africa. This interim license allows Crypto.com to use Dubai as its regional base in the Middle East and North Africa, allowing the company to take advantage of its rapidly growing virtual asset industry. Once the license is active, Crypto.com will be able to provide a variety of services to meet the demands of both individual and institutional investors. Market analysts agree that this is a calculated step that will help Dubai achieve its goals of becoming a leader in developing sensible crypto regulations and promoting an ecosystem that is receptive to new ideas and widespread acceptance. As a result, significant players in the sector are flocking to the Gulf city-state to be a part of its economic diversification efforts as the city-state becomes a worldwide leader in virtual assets.
COINBASE:CROUSDLong
by henryartem
CRO/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this CRO/USD update by CRYPTO SANDERS. CHART ANALYSIS:- Cronos (CRO) continued to move away from a recent three-month low on Friday, after rising for a second straight session. After trading at a bottom of 0.05072 on Thursday, CRO/USD surged to a peak of 0.05291 earlier in the day. This move comes as Cronos bulls managed to avoid a full breakout below a support point at 0.0495. One reason for this was the stability of the support point of 34.00 on the relative strength index (RSI). the index is now tracking at 49.60, with the next point of resistance around 52.00. In the event that price strength climbs beyond this point, CRO will most likely be trading around 0.05500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
COINBASE:CROUSDLong
by CryptoSanders9563
4
✴️ Cronos Likely To Start Growing Soon (Buy & Hold Strategy)What we have here on the Cronos chart is a big picture. This big picture gives a clear perspective of what is coming later down the road. While zooming in can produce doubt, down or up, zooming out reveals everything... This is a very strong bullish divergence; CROUSD vs MACD And then we have this November 2022 low/support. I don't know what will happen within 3 days but within 10 we get growth. That's why I sum up my entire strategy into an easy "buy and hold". Namaste.
CRYPTO:CROUSDLong
by MasterAnanda
2
✴️ Cronos Hits A New All-Time Low (20X Possible?)Cronos is trading near All-Time Lows and we have a mixture of signals. Currently prices trade above EMA10 and EMA21, which opens the door for short-term bullish potential. We also have the cup pattern which is a bottom formation. This too points at a reversal. ✔️ If prices stay above the 10-June low, the bullish potential is really strong. ✔️ If this level fails watch-out, as Cronos can fish for a new low but this is less likely at this point. Looking at the bigger picture, when we hit bottom it is wise to think long-term... Consider the main chart above. Can Cronos grow by 20X on the next bull-market? Namaste.
CRYPTO:CROUSDLong
by MasterAnanda
4