Bullish divergence.
Updated
Bullish divergence spotted on CROUSD chart. We might see the price continue to drop to the support level at $0.06 level, coincide with the 0.236 fibonacci level before the next correction wave.
Comment
RSI rising higher with each dip. Good bullish divergence sign.
But note that for CRO, the case is different depending on the company directions. The recent announcements and customer feedbacks aren't good. Can check the complaints in reddit.com/r/Crypto_com/.
Also, the rise of Swipe, Binance, Monolith, and other Visa cards pose real competition to CDC.
DCA-ed a small entry at 0.07.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.