2CRZ coiling up A possible new move could be near. 2CRZ bounces between support and resistance zones for time being. 200SMA on 1hr near the resistance zone. Break above this zone and 200sma have an excellent chance to trigger the next move up. Bellow our support zone we have one more significant level at 0.00282-0.00283 that has held strong 2 tests in the last week. I'm planning to enter at that level also if 2CRZ does another retest of it.
2CRZUSDT
2CRZUSDT Technical Analysis
⏳ Spot
💎 2CRZUSDT has broken above the Wedge pattern by a large green candle. After the retest the resistance we see clear rejection. We can expect another Bullish impulse
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💵 Invest Only 5% of your Portfolio
🎳 Entry Now or From 0.0420 to 0.0491
☕️ TP1 0.0592
🍺 TP2 0.0730
🍻 TP3 0.0879
🍾 TP4 0.1050
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.0360 to 0.0420
Good Luck 🎲
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2CRZ critical region 2 breached; potential consolidation period2CRZ finally had a major increase in volume yesterday after about 2 months of meager price action, in which it moved from a high of $0.1033 down to a stable trading range of $0.03 to $0.022.
A reversal occurred yesterday, peaking at $0.085, after an 80% breakout to $0.0625 8 hours prior.
The breakout pattern on the chart was identified prior to it's 55% increase, but the price couldn't sustain above the $0.0635 level.
In all honesty, I'm personally a fan of the core idea behind this project, though I question if the team can get the job done efficiently.
A few things to note regarding the coin:
- Only upon the coin hitting a 100% gain on the day did the team begin to tease news, eventually sharing that they partnered with an e-sports franchise, also paying two former NBA players (Nate Robinson and Mario Chalmers) to post identical uncommitting, copy-and-paste tweets about the coin which was met with zero enthusiasm by their followers, and made the project appear pretty pump and dumpy.
- Correlating with the previous idea, their price actions seems to heavily rely on teasing secret news on twitter (creates small uptrend), followed by the release of the news (often met with a price retracement -- besides the news from last night, which relied heavily on the successful price action of that entire day)
Anyway, if the team can continue to establish good connections with professional athletes in E-sports and other realms, expand their listings on exchanges, then they should definitely be a coin to keep an eye on regarding quick growth, and the price action of recent points toward a nice entry point, hanging right above bottom level of resistance (I believe around 68% retracement from it's stable high of yesterday, 100% of peak).
Please let me know how you feel, if you agree, or i'f I'm totally 100% off and should stop immediately -- I've just started doing this lol.
Thanks
2CRZUSDT Technical Analysis
⏳ Spot
💎 2CRZUSDT has formed a descending triangle. After the breakout it has been raging for a while, but it is expected that the price breaks above the Ranging zone and continues to go higher.
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.0250
☕️ TP1 0.0350
🍺 TP2 0.0460
🍻 TP3 0.0580
🍾 TP4 0.0700
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.0200
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
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Have a Profitable Day
2CRZUSDTHere is a full retrace after going crazy for a while. At least a 50% bounce here at the OB is normal.
We about to Go CrazyNo Target as I dont know where this can go, I just know it may go big
Buy: 0.02 - 0.026
Stop Loss: close below horizontal support
High risk so stay away if you cant handle it