✳️ Cronos Bottom Catch? Another One (1,000%+ In 2021)
Cronos produced more than 1,000% (10X) in its 2021 bullish wave and there is possibility for something similar this time around.
In this chart we can see the 2021 bull-market on the left side and going from left (Feb. 2021) to right (June 2023) we have a long-term higher low.
Here you can see a very strong bullish divergence with the MACD, the same signal described on the APEBTC chart to spot a bottom reversal.
You can see this indicator moving higher and higher and higher, hitting a low in May 2022 while CROBTC continued to drop.
Here is the tricky part, the current action can lead to a bounce pushing prices higher but then a new low before the next bull-market, or this might be the bottom... But even with another drop, one can buy and hold focusing on the long-term; think long-term and this can be an easy win for 2024 with a potential 8X, 10X or even 15/20X.
How it all develops we have yet to see but the only thing that is certain is Cronos going GREEN!
Namaste.
In this chart we can see the 2021 bull-market on the left side and going from left (Feb. 2021) to right (June 2023) we have a long-term higher low.
Here you can see a very strong bullish divergence with the MACD, the same signal described on the APEBTC chart to spot a bottom reversal.
You can see this indicator moving higher and higher and higher, hitting a low in May 2022 while CROBTC continued to drop.
Here is the tricky part, the current action can lead to a bounce pushing prices higher but then a new low before the next bull-market, or this might be the bottom... But even with another drop, one can buy and hold focusing on the long-term; think long-term and this can be an easy win for 2024 with a potential 8X, 10X or even 15/20X.
How it all develops we have yet to see but the only thing that is certain is Cronos going GREEN!
Namaste.
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