10EMA weekly breakout on CROBTC
The price of CRO against BTC appears to try and break the 10EMA on the weekly chart. It is also forming a double bottom on the weekly chart.
This could signal the possible bottom for CROBTC and it is likely that the next big move on the price is coming if the price can close above the 10EMA (~420 satoshis).
The price also following a pitchfork channel quite nicely and judging from the past volatility, it is possible we could be seeing a 4-5x movement on CROBTC.
Given the passive 18% return on CRO, it would be one of the best investments in cryptocurrency at the moment so as long as the price remains higher or not much lower than where you buy them.
Remember to always manage your risk carefully.
Good luck!
This could signal the possible bottom for CROBTC and it is likely that the next big move on the price is coming if the price can close above the 10EMA (~420 satoshis).
The price also following a pitchfork channel quite nicely and judging from the past volatility, it is possible we could be seeing a 4-5x movement on CROBTC.
Given the passive 18% return on CRO, it would be one of the best investments in cryptocurrency at the moment so as long as the price remains higher or not much lower than where you buy them.
Remember to always manage your risk carefully.
Good luck!
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