CROUSDT inverse head shoulder
Updated
CROUSDT could break out of a beautiful IHS after CRO showed some bullish divergence on MACD and RSI at the .886 fib level. and on the left shoulder MACD printed some hidden bullish divergence .
If CRO manages to close a 4h above the neckline of the IHS, it would confirm the breakout and one could open a long. (not finacial advice)
Target of the measured move of the IHS coincides with the .618 and is def a the first profit taking level.
Lets hope BTC can keep rallyin and bring some confidence back to the market.
If CRO manages to close a 4h above the neckline of the IHS, it would confirm the breakout and one could open a long. (not finacial advice)
Target of the measured move of the IHS coincides with the .618 and is def a the first profit taking level.
Lets hope BTC can keep rallyin and bring some confidence back to the market.
Note
I just wanted to pulbish this Idea quick because its time sensitive but if i find some Time i will publish a in depth analysis of CRO on multiple Timeframes and other Cryptos that show opportunities as well. FYI: Im super bullish on CRO for a while now and i been accumulating even more of it all thru the recent dip.
Trade active
Hall of Fame Trade! Still in it with my whole Position :)
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