CROUSDT.P trade ideas
CRO: Descending Triangle??Main Pattern: Monthly Channel
Weekly Pattern: Descending Triangle
A Daily CLOSURE below 0,3262 may confirms the pattern with target probably around the basis of the channel 0,22~
For now there isnt a closure, its only the weekly shadow, a closure its necesary, on the contrary, it will be a bear trap
CROUSDT is testing the 4h supportThe price created a double top on the daily time frame on 0.5$
On the 4h timeframe the price is creating a M pattern and now the market is testing the 0.5 Fibonacci level on the 4h support.
How to approach?
IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
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.
0.5 test for the third timeBy closing this week and with the support of Bitcoin, we can earn 20% for the next weeks. I expect that the support will not bear next time.
*We are now on the way to testing the (0.5) for the third time.
This is only an expectation, not a recommendation, and you may lose.
Good buy zonesThis market is boring right now, there is low volatility. I believe in cronos long term, but it is not gonna go over 1 dollar before BTC reaches 100k.
CRONOS TIC TAC ⏰CROUSD price is down 60% from ATH (0.97), CRONOS has a very big upside potential with a good RRR 1:15 almost if you hodl to ATH.
CRONOS is a sponsor of the world cup 2022 in Qatar, more volume will get injected starting from Q3 this year.
Cronos USDT Elliot Wellen Analyse Hallo zusammen, leider habe ich das Problem mit meinem Mikrofon noch nocht beheben können :/
Ich hoffe ich kann euch dennoch einen guten mehrwert in diesem Video bieten
will it rally after making a higher low?CRO breaking past trend resistance/making higher low bounce off support levels.
looking for a small rally here in the short term, targeting .4192-.43-.441
breakout shortly ---->possible break out on the horizon!!!! Looking to find a new higher high than what weve currently been stuck in for the past few weeks- hopefully this is a trend in the right direction.
$CRO IS ABOUT TO WAKE UP!cro is oversold, -65% from ath
cro is the official sponsor of fifa world cup 2022
cro is forming a pennant
cro is testing uptrend for the 5th time
cro is about to make the "e" breakout
cro is in a high volume node area
45 Billion dollar in marketcap This will skyrocket the next 100 days, Cro lovers hang in tight, crypto.com is the nr 1 company in crypto atm. They will be a top 10 coin soon!
CRO 4hCRO failed to break through the EMAs and continued to fall at the bottom of the falling channel. The price may fall to the levels of $0.39-0.37. The bullish scenario will raise the price to the top of the channel border to 100 MA
Basic TA of CRO/USDT 13/04/2022 10am Sydney timeOk, so I'm reasonably new to this although I did a fair bit of paper trading a few years back but never with crypto pairs.
Anyway, I see resistance at 0.4000 which was tested after a huge drop in price action from the 5th of April 12:00. It plunged through a support and resistance point at 0.4500 and continued to fall until it hit resistance at about 0.4370 on the 6th April 21:00 where it was oversold on both the RSI and Stochastic and gained upward momentum, hitting resistance at 0.4500 on the 8th April 15:00. It was overbought on the Stochastic but not on RSI which was under 50 indicating a downward plunge to resistance at 0.4370 on 9th Apr 00:00. At this time both indicators showed oversold and again price action rose again to hit resistance at 0.4000 on 10th April 18:00. Indicators where both over bought and price action dropped sharply to hit resistance at 0.4000 on 11th Apr 21:00. Volume was significantly high as selling rapidly dropped the price.
Now to my point. As the price plunged and hit resistance we had a bounce of resistance at 0.4500. Candlesticks showed a strong reversal with the indicators both heavily oversold so we had a soft bounce upwards to 0.4200 on 12th Apr 9:00. Since then the price is slowly moving towards resistance at our strong 0.4500 point. Looking at price action on 1,2,3,4 hr and 1day charts price is trying to gain upward momentum but is struggling. Everything seems to indicate that this was a test of resistance, had a small bounce upward1s and is coming down to 0.4000 rapidly. Could hit resistance at the 13th Apr 12:00 or at the 13th Apr 23:00.
I think this resistance level is solid so I'm bullish on the pair. Hopefully when it hits again the bulls will take control and we'll watch price action soar. If this happens it should rise to our next resistance point at 0.4370 and maybe even go as high as 0.4500. Very possibly the former. Not so sure about the latter.
Please feel free to let me know that I have no idea what I'm doing which is a strong possibility lol
Possible $CRO bullish scenarioIt could be a pattern, but it'd be too much coincidence wouldn't it? 1, 2, 3 PUMP view on Cronos coin (CRO). Thoughts?
Possible fibonacci extension to 1.27 (around $10)
CROCro is at the beginning of a new rally.
My recommendation is " BUY and HOLD ".
I'm using zignaly, feel free to check my services on it.
CRO road to $1Looking at the 1 Day chart, CRO spiked to the $0.97 price mark following a historical token burn.
What followed after the token burn was a price decline of -66.06% on the price, back to the demand area, where bullish investors benefited from a much lower entry at $0.32.
Since its decline, selling pressure has remained, the price of CRO has been trading within a wedge pattern in a tight $0.22 range making higher lows.
On price recovery, prices could reach $0.64, retrace to $0.48 and finally move beyond $0.89 to $1 after a break out of the wedge.
Price targets {
#1 - $1
#2 - $0.89
#3 - $0.64
}
Crypto.com / Tether CROUSDT I would wait for a clear breakout of this one. I wanna see a breakout with a retest of the symmetrical triangle to go long.
This is the bigger pic, and it will take a time to playout. It all depends on $BTC
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.
CRO BULLISH SIGNAL!!!Crypto.com Coin has signaled a bullish reversal.
Taking a look at the MACD in relation to price, there is a clear bullish divergence (illustrated on chart).
This is confirmed by the bullish crossing of the fast and slow EMA's (illustrated in circle).
Lastly, CRO is under value (illustrated by white line). This means we can expect CRO to rise to at-least the AVL which is sitting at around (0.4652).
These 3 signals serve as a good confirmation that CRO is a good long position to take at this time.
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