CROUSD - Technical short term downtrend (15m chart) - 002A followup to the previous chart
Initial anticipation to hit the 0.39 level and resuming downtrend to the 0.35 short term bottom (in the coming days). This may be further extended with the temporary rally due o the material news of the treasury statement signaling some bullishness for crypto
Looking to see if the rally fails to surpass the 0.41 - 0.42 resistance level, with support levels at 0.37 and 0.35.
Daily chart shows a slightly descending triangle since Dec21. waiting to break strongly either sides before end of Mar22.
CROUSDT.P trade ideas
CROUSDT is testing the supportThe price is testing important daily support on 0.40$ where the price bounced several times in the past.
On the 4h timeframe, the price is trying to create a double bottom on it, after a rejection from 0.42$ as new resistance.
How to approach?
We will expect a pullback until the previous support now new resistance on 0.42$ and 0.5 Fibonacci level.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Will the CRO break through the downtrend lines?Hello everyone,
Let's take a look at the CRO / USDT chart on the 1D interval.
Let's start with determining the downward trend line to which the price is heading and also to the resistance at the price of $ 0.436, if we manage to break it, we can encounter further resistance at $ 0.464 and $ 0.496.
Looking the other way, it is worth drawing the support lines that we have in the event of a correction and you can see that the first is at $ 0.412, and the next at $ 0.375 and $ 0.327.
It is worth looking at the CHOP indicator which shows that the energy in the 1D interval is slowly starting to increase, which may give us some movement in the near future.
Buy cro?english:
as we can see in recent weeks the price of cro is falling precipitously after a strong bearish impulse, marked with the red circle in the chart, also given by the fact that there was previously a strong bullish impulse which however did not go well end, in my opinion the price will continue to fall even given today's geo-political situation, in an upcoming bull-run I do not exclude the possibility of seeing cro touching the dollar and why not also the two dollars, this will happen for after we have broke the resistance above the price and reversed, and broke, the bearish trendline.
italian:
come possiamo vedere in queste settimane il prezzo di cro sta scendendo in modo precipitoso dopo un forte impulso bearish, segnato con il cerchio rosso nel grafico, dato anche dal fatto che c'era in precedenza un forte impulso bullish che però non è andato a buon fine, a mio parere il prezzo continuerà a scendere anche dato la situazione geo-politica di oggi, in una prossima bull-run non escludo la possibilità di vedere cro toccare il dollaro e perche no anche i due dollari, questo succederà per dopo che avremo rotto la resistenza sopra il prezzo e invertito, e spezzato, la trendline ribassista.
CROUSDTHi Everyone , Let Check the CRO chart , as you see Cro Moving into the Acsending Channel and Major Trendline is also Acsending , so if market Recovery and dosnt crash expect to see going up to midline , and if break the area target two is access , but if lost this channel you can see the supports in Chart !
Not FINANCIAL ADVICE
The CRO reacts similarly to the entire market with a small correHello everyone,
Let's take a look at the 4H CRO / USDT charts.
The local uptrend line is worth paying attention to as the price has dropped below this line. After today's declines, the support moved to around $ 0.41, and when we break it, we can mark the next support at $ 0.37 and $ 0.32.
On the other hand, it is worth looking at the resistance points that we may encounter in the near future if the price turns back. The first resistance will appear at $ 0.45 while the next we have at $ 0.47 and $ 0.48
The CHOP indicator also shows that the collected energy was used for today's decline and has now been exhausted in the 4H range.
CRO sitting on neckline support of a H&S, could* breakdown. As we see with CRO we’re sitting on neckline support of the H&S and the vpvr shows support and buying at the neckline. If CRO breaks down we have a near support. Below that is an abyss, haha. Quick little idea for me to look back on later .
CROUSDThello traders....:))
why did i decide to sell? because the confirmation candlestick has been formed on the daily timeframe which forms a pinbar rejection pattern in the supply area at a price of 0.5418.,
thank you for visiting and if you like it please press the like button here I really appreciate it.. :))
So we are at a crossroad ➕➖ whats next ⬆⬇Just to follow my own investment and sharing my thoughts outload .
Remember to do your own research.
MANY good fundamentals things are going on at Crypto com at the moment, you should go study it and not just the hype there is atm becouse of the stadium and add .. but about the firm and there plans .
good hunting
CRO against more resistance.Hi,
Let's take a look at the CRO / USDT chart, 4 hour interval. The price is moving in an uptrend channel.
We can designate the first short-term support at $ 0.51, while the second-place support is at $ 0.48.
A resistance zone between $ 0.55 - $ 0.61 is ahead of us. Breaking through this resistance could give us more gains.
CRO bullish ahead of the Super Bowl If you haven`t sold CRO at the top:
Then you should know that it is one of the most aggressive marketing companies in the crypto space.
I expect them, if not run an Super Bowl, then at least to be extremely bullish before the event and few days later.
My price target is $0.58 followed by a retracement.
The support and resistance play in the chart speaks for itself.
Looking forward to read your opinion about it.
How to retire at the age of 65 with more than 1 millionI am going to use an article for my analysis. www.gobankingrates.com
If you scroll down to the how to save 1m starting at age 25 tab; it says to save 158$ per month "assuming" a 10% return.
Now if you do the same without assuming, using my method, here's how you'll be guaranteed a million by investing 158$ per month into CRO.
CRO has a staking reward system like many other cryptocurrencies with a guaranteed % APY. CRO has return rates ranging from 10%-12% depending on the card that you get.
Now let's assuming that this chart plays out, from what I can see on this chart, there is a possible gain of 19875% ROI. I will not do the math for you, if someone else can, please do lol. What does this mean? You'll be guaranteed 1 million at the age of 65 with a 10% APY staking and even sooner with a 12% APY. At the rate that CRO will increase you can possibly retire even sooner as the coin continues to increase in value. .60 today and in 40 years its 11$. If it hits 11$ in 40 years that's almost 20 million you'll have. The 1 million at 65 was with the assumption of CRO being at .60 cents on a 10% APY.
The graph shows 2088 bars, 1 bar is 7 days since this is a weekly chart. 2088 x 7 = 14616 days. 14616/365 = 40 years.
Here's how you retire at 65 with 1 million dollars guaranteed and not assumed.
For Wakanda
CRO daily chart still intact?CRO (Crypto.com) daily chart still looking intact?
Im staying Nuetral at the moment bc its charting a
bear pennant but the RSI had hit the very bottom,
and the DeMark 9 Indicator aslo is reading it
hit the very bottom which is a 80% probablilty,
that Bars Pattern you see would be what it looks like
if the same bull run it has had in the past would repeat
again. look how it matched exaclty up where
the DeMark showed that its ready to move upward.
the price targets are shown on the right side above
the current price, supports are listed on the right below
the current price.