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CROUSDT trade ideas

CRO/USD - Correction in progress, $0.60 must hold, else...CryptoCom Coin had a fantastic rally in October and the first half of November. Now, the price appears to have finally hit a major resistance, which is not surprisingly found at just under $1 dollar. Such key psychological levels will always represent turning points in the price action, and CRO is no different. Despite the ongoing correction, CRO’s performance this week was stellar, with a 40% price increase. The current support is found at $0.63. However, considering the past rally, CRO might not only correct to the Fibonacci 38% retracement, and it might dip even further. Looking ahead, CRO’s indicators on the daily timeframe have curved back down after the major rally in the past couple of weeks. This is a clear warning sign, and if CRO breaks below $0.63 support, then things could get even uglier with price falling at half a dollar. Like and follow if you liked my idea!
by DU09
Exhaust and ATH $ 1Even the walls know that CRO is in an uptrend, but let's analyze the moment. We are in a phase of due discharge, but where can it stop? By focusing the graph on TF 4h, there are important signs. The CRO has abundantly broken the bullish channel that lasted several days and could easily lean on the accumulation zone (Cluster) circled in green. Even if it is not seen, the circled accumulation zone if placed on a daily TF is exactly on the MA 9periodi, price range 0, 70 cents. I also report the formation of a Chyper pattern which would further validate a rise in the near term. I think if it were dumped on the MA 9 it would be possible to make a nice buy and then conquer the $ 1 price zone. N:B Fibonacci new ATH 1$ what do you think about it??
by Cryptodreamer88
1
CRO to .50 CentsJust because I got so much flack posting a bearish chart on $CRO, I HAD to post another one for the moon boys LOL $CRO bulls do not want to lose the .66 level or else M pattern PT would be .51 with potential for a bounce at .58. The only thing that saved the last break down was some super bullish news. I would imagine there won't be anymore big news in the short term. Buyers beware hehe Wait for confirmation of course! GL! --------------------------------------------------------- Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Use multiple indicators to confirm your TA on price action. 10. Only trade what you are willing to lose. It will be hard to trade without emotions. Disclosure: This is not financial advice. I do not take every trade I post. Never trade off of someone else's chart until you DYOR!
by DaCryptologist
15