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CROUSDT trade ideas

$CRO/USDT 12h (#Bybit) Rising wedge on resistance⚡️⚡️ #CRO/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.0X) Current Price: 0.44340 Entry Zone: 0.44450 - 0.45820 Take-Profit Targets: 1) 0.41120 2) 0.38550 3) 0.35810 Stop Targets: 1) 0.48355 Cronos is facing 100EMA, it seems likely to reverse again and resume the retracement down after. Risk/Reward= 1:1.25 | 1:2.05 | 1:2.9 Expected Profit= +26.70% | +43.77% | +61.98% Possible Loss= -21.39% Fib. Retracement= 0.382 | 0.618 | 0.883 Margin Leverage= 3x Estimated Gain-time= 3 weeks Tags: #CROUSDT #CryptoDotCom #CryptoComCoin #CEx #Payment #App #Earn #Wallet #DeFi #SolEco Website: crypto.com
Short
by TradingOn
2
Crypto.com CRO - Ascending Inverted ScallopThe focus on the last part of the course is where we keep an eye on. The Ascending Inverted Scallop with which we can nicely define the playing field. price target calculated (A - B = $0.15 x 0.64 = 0.096 + B = C). It also coincides with a Falling Wedge which may be needed to approach the top of the scallop zone. with the slight positive divergence and the price at the bottom of the bollinger band, an upward impulse would not be surprising. does take into account any breakout at the bottom seen on large timeframe that show is present. a possible fakeout based on the goldenpocket shorter trend soon coincides with the 0.382 of the major trend, but if its continues to fall, prices towards $0.40 are not surprising. Keep calm, trade safe and manage your risk. *(Disclaimer: This is not financial advice)
by Tims.Technische.Analyse.
CROUSD - Technical short term downtrend (15m chart) - 002A followup to the previous chart Initial anticipation to hit the 0.39 level and resuming downtrend to the 0.35 short term bottom (in the coming days). This may be further extended with the temporary rally due o the material news of the treasury statement signaling some bullishness for crypto Looking to see if the rally fails to surpass the 0.41 - 0.42 resistance level, with support levels at 0.37 and 0.35. Daily chart shows a slightly descending triangle since Dec21. waiting to break strongly either sides before end of Mar22.
by paulwongsh
CROUSDT is testing the supportThe price is testing important daily support on 0.40$ 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. –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
2
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.
by cryptodailyuk
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.
Short
by g3ry
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.
by cryptodailyuk