Cro Crypto.com Token How low can you Cro?
Updated
Lets keep it simple.
We have 3 clear Target Zones.
Target 1 - 650
Target 2 - 593
Target 3 - 362
Then the last line of defence (which noone wants to see get broken)
As a trader you would want to see the following.
1- Price reaches 650 region (give or take a few sats) and becomes new floor. Price above would need to break previous resistance at 800.
2- Price falls through 650 but finds plenty of support at 590, tests it a few times before breaking previous resistance at 800 and turning that into support.
3 - Price drops to 360 region and unless there is some seriously wrong with CRO price should hold strong here and provide the perfect entry price.
Moral is low.
Faith in team is low.
Product (card cashback, perks) is strong.
Lets see how this theory plays out.
Mainnet by the end of the year (if released by then) should provide a much needed relief in the sell pressure.
We have 3 clear Target Zones.
Target 1 - 650
Target 2 - 593
Target 3 - 362
Then the last line of defence (which noone wants to see get broken)
As a trader you would want to see the following.
1- Price reaches 650 region (give or take a few sats) and becomes new floor. Price above would need to break previous resistance at 800.
2- Price falls through 650 but finds plenty of support at 590, tests it a few times before breaking previous resistance at 800 and turning that into support.
3 - Price drops to 360 region and unless there is some seriously wrong with CRO price should hold strong here and provide the perfect entry price.
Moral is low.
Faith in team is low.
Product (card cashback, perks) is strong.
Lets see how this theory plays out.
Mainnet by the end of the year (if released by then) should provide a much needed relief in the sell pressure.
Note
Seems i overlooked the support at the 500 sat range, but with BTC pushing towards 20k i dont expect 500 to hold long for CRO. I am buyer all day long anything below 400.
Note
500 did not hold up more than a few days as expected. Clear Target 1 in sight.
With what "should" be a altcoin bullrun like 2017 next year, this and many alts are buy n hodl at these lows and wait for the real gains x10 and much higher.
Note
Target 1 (Main Goal) about to be hit. Blood in the streets.We dont want to see lower than 350 or clearly the wheels are falling off this project.
Im a buyer all day under 400 sats. Remember.
This is Crypto.com the BEST URL in Crypto after Bitcoin.
Note
ALARM SOUNDS - LOCKED ON TARGET. GET READY.......400 Breached! I repeat, 400 Sats Breached!
Blood, Blood everywhere in the Streets.......
*this might come as a surprise but non of the above is financial advice. Everything mentioned here should be used for educational purposes only!
Note
Margin Trading will go into Beta testing today on the Crypto.com exchange . I expect this will draw a lot of people to the exchange, also, to keep in mind. You will need CRO to get the nice juicy discounts on trading fees.Make sure to follow me, my next chart will show the levels i expect to see when CRO goes Green.
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