Is CRO Facing a Make-or-Break Moment? Key Levels to WatchYello, Paradisers! Is #CROUSDT on the edge of a major move or not? Let's discuss the latest analysis of #Cronos to see what's happening:
💎After 5-6 months of a slow and steady downtrend, #CRO is now approaching a critical juncture. The price is nearing the major demand zone at $0.0733, setting up for a retest that could spark a bounce—just as it has done multiple times in the past. But the question is, can the bulls seize this opportunity to reignite bullish momentum and break out of the descending channel?
💎For #Cronos to fuel a breakout, it needs to overcome the internal resistance at $0.092, a level that previously acted as strong support but has now turned into a significant barrier. Breaking above this level, especially if supported by increasing trading volume and the 20 EMA, could indicate that the bulls are ready to take control and push prices higher. If this happens, a rally toward the next major resistance could be on the cards.
💎However, if the bulls fail to maintain their push, there is a risk of a pullback toward the crucial demand zone at $0.0730, potentially retesting the breakout point. Failure to hold this level may trigger a slide toward $0.0673.
💎The real risk emerges if $0.0673 does not hold. A breakdown at this support would likely shift control back to the bears, leading to a deeper correction and squashing hopes of a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
CRO
Cryptocom in Bearland- Like most altcoins, CRO remains deep in its bear market.
- Until BTC rallies significantly, altcoins will likely stay overshadowed.
- BTC dominance (BTC.D) is climbing near 60%, putting pressure on altcoins.
- As always, check the bubbles, follow the trends
- Everything you need is in the chart.
- What’s the best approach?
- Be patient and continue DCA.
- Buy at the good time.
Buying CRO in this market:
Option 1: Wait for a return to the bottom around $0.05—(ideally a full-buy range).
Option 2: Wait for a breakout and weekly close above $0.10 for confirmation.
- Whether trading or holding, consider taking partial profits on the way up.
- For the short term, consider taking profit around $0.50, as there’s resistance in this area.
- For those waiting on the altcoin bull run, a max target of $1.5 to $2.5 is reasonable.
Happy Tr4Ding !
Cronos CRO In Trouble - BUY & HODLCronos can go bust, but even so, it's on Sale.
CROUSD / CROUSDT will go straight bull at one point.
So, I am still buying these poopy coins on each major fall they have.
Yeah, that's what I do.. putting my money into a black hole.
My next good BUY LEVEL: $0.03 .
Who knows, maybe I'll actually get rich.
My Technicals on CRO:
* Elliott Wave A-B-C Pattern
* Fibonacci Retracements
* Fibonacci Time Zones
* Double Bottom
* Cycle Analysis
* Bullish Divergence
Fibonacci Time Zones tell me that the beginning of '23 will be amazing!
#CRO/USDT 1W (Bybit) inverted Head & Shoulders breakout & retestCronos is pulling back to iHnS neckline support where 20EMA seems to be holding, looks like a great swing opportunity on weekly.
⚡️⚡️ #CRO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Amount: 4.8%
Current Price:
0.12591
Entry Targets:
1) 0.11822
Take-Profit Targets:
1) 0.26475
Stop Targets:
1) 0.0693
Published By: @Zblaba
CRYPTOCAP:CRO #CROUSDT #Cronos #PoS crypto.com
Risk/Reward= 1:3.0
Expected Profit= +123.9%
Possible Loss= -41.4%
Estimated Gaintime= 3-6 months
CRO - Daily Bullish MomentumKUCOIN:CROUSDT has recently completed a pullback after grabbing liquidity below the last bullish base. Breaking the long-standing bearish trendline, the coin is now showing a strong potential for upward momentum. This setup suggests a good buying opportunity with a logical stop loss in place.
On the fundamental side, COINBASE:CROUSD is nearing a significant milestone with the activation of its first-ever token burn mechanism as the community pool approaches 50 million CRO. This burn mechanism is designed to reduce the overall supply of the token, potentially increasing its value. As the Cronos ecosystem continues to grow and with the upcoming burn mechanism, CRO could be poised for a strong bullish phase
CRO (Cronos): Falling Wedge BreakoutTrade setup : Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with near-term upside potential to $0.10. We would enter on breakout retest near $0.08. Stop Loss at $0.07. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.075, then $0.066. Nearest Resistance Zone is $0.10, then $0.12.
CRO (Cronos): Falling Wedge BreakoutTrade setup : Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with near-term upside potential to $0.10. We would enter on breakout retest near $0.08. Stop Loss at $0.07. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Up, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.075, then $0.066. Nearest Resistance Zone is $0.10, then $0.12.
CRO (Cronos): Falling Wedge BreakoutTrade setup : Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with near-term upside potential to $0.10. We would enter on breakout retest near $0.08. Stop Loss at $0.07. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Neutral, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.075, then $0.066. Nearest Resistance Zone is $0.10, then $0.12.
Potential Breakout Alert for #CROUSDT! Yello, Paradisers! Are you ready for some potential big moves with #CROUSDT? Let’s dive into the analysis to see what’s brewing!
💎#CRONOS is currently testing a resistance zone at $0.096906. If it manages to break above this level, there is a high probability it will embark on a bullish ride up to Resistance 1.
Additionally, we have observed #CRO following a descending channel for a long time. Recently, the price faced rejection, but interestingly, it is holding momentum above the EMA. This indicates a potential breakout above the descending resistance soon.
💎However, if the price of #CRO fails to hold momentum at this resistance, we expect a probable bullish rebound from the lower demand zone around $0.08718.
💎It's crucial to stay vigilant and closely monitor #CRO price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge the bullish scenario and could result in further declines.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay focused, patient, and disciplined, Paradisers. This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
Cronos: Turning PointCRO reached a new local low last Friday and then turned upward again. Based on this development, we now consider the green wave (ii) to be finished and see the coin in the green wave (iii). In the further course, the price should clearly overcome the resistance at $0.18. If, on the other hand, we see a sell-off below the support at $0.07 (30% likely), we would instead have to assume a fresh corrective bottom in the form of the turquoise wave alt.2 below the support at $0.04.
CRONOS: THIS ALT can EASILY +100% From Here - CROUSDTCOINBASE:CROUSD
Cronos is an altcoin that I've been bullish on since the beginning for the year, and we've already seen our first two TP Point (Take Profit Points) hit, UP +40%.
The good news is that CRO still has HUGE upside potential, with the next TP +100% from where the price is currently trading in accumulation zone.
In the 4h, we see a clear reversal and turn towards the upside, indicating bullish momentum showing up in the short timeframes. This is as good as it gets buy zone, because we have just finished our correction and successfully retested the 50d Moving Averages in the weekly timeframe:
This could take some time to play out, but patience is your friend!
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WHEN to BUY CRONOS - Using BTC.D 🔁BITTREX:CROUSDT
As seen from the CROUSDT chart, the Bitcoin Dominance Chart reveals many secrets when overlayed onto your altcoin chart.
They key reason for this being the constant rotation of money in and out of Bitcoin, and into and out of altcoins. If you're looking for a more detailed explanation on when to buy altcoins, check out yesterday's update here:
From the chart we can clearly see that Cronos has bottomed out, but is struggling to regain bullish momentum. As we overlay the BTC.D chart (yellow) we can see there is a negative correlation between the two - When BTC.D drops, CRO increases. And when BTC.D increases, CRO drops. This will hold true not only for CRO , but for other smaller market cap altcoins as well.
This concludes that NOW is an excellent zone to buy Cronos, as the price is yet again in accumulation zone. An increase can be expected as soon as we see a dip in Bitcoin Dominance.
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CRYPTOCAP:BTC.D
CRO's Correction PhaseThe price of CRO has reacted after encountering the second resistance level and has entered a correction phase. It is important to note that if strong bullish and reversal patterns emerge, there is a possibility that the price may resume its upward trend and reach higher targets.
CRO: Watch THIS ALT for x100 in ALTSEASON📉Hi Traders, Investors and Speculators of Charts📈
We observe an important pattern on Cronos in the Daily - the Flag Pattern, also known as the Pennant. The pennant can be either bullish or bearish, depending o where the price CLOSES.
The BULLISH Scenario / Long:
The BEARISH Scenario / Short:
From a technical indicator perspective, the MACRO is still clearly very bullish:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
CRYPTO:CROUSD
✅ NEW TRADE REVIEW: $CROUSD- CROUSDT is buyable through a tight pibot near the low
WHAT I LIKE IN THE CHART
- Had +150% powerful move up
- Great volume charactersitics
- Tightening down with lowering volume
WHAT WOULD BE A NORMAL TURN OUT FOR THIS STOCK
- A normal behaviour would indicate a push higher to the organge box, named 'CONSOLIDATION' withouth increasing volatility (aka without moving below the Stop Loss red dotted line)
- This is great place to START a position (not whole but a quarter of position size (e.g. if you full position size is $25,000, it is a good place to start with $5,000-8,000)
NEXT Technical buy point is a consolidation in the box and breakout there
The risk is less than 5% on the trade. As the stock moves up, it is important to keep managing the risk reward relationship
DISCLAIMER:
THIS IS NOT FINANCIAL ADVICE. ONLY FOR EDUCATIONAL PURPOSES TO ILLUSTRATE TECHNIQUES
CRO/USTD bullish reversal from support? 👀 🚀CRO analysis💎 Heads up, Paradisers! #CROUSDT is on the brink of a bullish shift, eyeing a rebound from the critical support at $0.12303. If it keeps up the momentum here, we're likely to see a bullish journey, given this level has held firm three times before, underscoring its reliability as strong support.
💎 Should the climb of #CRO start to falter and dip below $0.12303, we'll turn our attention to a vibrant demand zone at $0.10938. With ample liquidity awaiting, there's a solid chance for a bounce back from this pivotal level.
💎 Alertness is essential: a breach below this lower support could signal a deeper slide, as market sentiment may swing towards a sell-off. Stay on your toes, traders, as we navigate through #CRO's market shifts.
SasanSeifi 💁♂ A Long-Term Bullish OutlookHey everyone,
I'm looking at the long-term 3-day time frame for CROUSDT. As you can see, the price has grown by approximately 150% from the bottom of 0.050. It's currently ranging at 0.092.
I expect the price to continue to rise, after ranging or correcting, if the pullback process is completed. In the long term, it could reach the liquidity range of 0.12 and the supply zone of 0.17.
If it corrects, we will need to see how it reacts to the 0.065/0.060 levels to better understand the direction of the trend.
What do you think?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
CRO/USDT Anticipating a Bullish Turnaround from Demand Zone? 👀💎 Paradisers, get ready for a promising trade with #CROUSDT, as it's showing signs of gearing up for a bullish reversal from its current demand zone.
💎 Given the recent market flux, #CRONOS took a dip after hitting resistance at a major supply zone. But now, with the price honoring the demand level at $0.07067, we're seeing a potential setup for a bullish reversal. If the price manages to form an equal low at this level, it could be the starting point for a significant bullish move.
💎 As savvy traders, we're always armed with a contingency plan. If #CRO breaks below our current demand level of $0.07067, our focus shifts to a potential bullish bounce from a lower demand level at $0.06458. However, falling below this secondary level could open the door to a more pronounced downward trend.
Cryptocom Play Softly- After the FTX Disaster, i really reconsidered my invests when i wanted to buy an Exchange Token, all combined (BNB Also).
- That said Cryptocom at least survived at 2022 panic and the trend acted as a normal bear market bearish mode.
- i made some good returns in 2021 when Cryptocom rushed to 1.2$.
- i sold my tokens around 0.75$ because it was more than enough for me.
- if you don't have any insiders connections, you will never know if a project is healthy or not.
- Anyway it always worth to diversify and invest a bit in everything you feel having a real potential.
- Exchanges Projects, Privacy Projects, Defi Projects, Meme Projects, Real Tech Projects, and of course, Bitcoin for Safety...
- Everything is still pure gamble and all is depending on the teams decisions, some will fails and some will moon.
- Now for the method :
- just look at the bubbles in the graph (Bounces + Rejections ).
- Find the price action range.
- Find the breakout potential zone.
-- Better to buy a breakout near from a Bouncing zone.
-- Try to avoid to buy close from rejections zones (Fakes Breakouts).
-- invest smartly, don't go all in, keep juice to rebuy always.
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Trading Parts
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Buy : 0.52$ ( a bit ) ( Potentially new 2023 Bottom )
Full Buy : 0.026 (all in) ( Bottom 2020) ( worst case )
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TP1 : 0.095$
TP2 : 0.18$
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Next Bull Run Max Price : 5$
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- Stay Safe, Play Wisely.
Happy Tr4Ding !