CRO-BTC
$CRO next stop [$BTC aims with 50/50 chance, which will it be!?]We're at the mid point in the current short term move ending the EU day and handing over to the US.
Current price is .1246. The next 2 hours, my upside target is .1258 and downside target is .1226., which is where I predict we'll most probably start the day at US market open.
Better / Worse case scenario is one bump above and below at the half way point of the next fann line: .1270 (with a pull back likely at open) or .1205 (with a pump at open likely).
May the consensus be with you folks!
Dollar gains, Dollar Games [$DXY, $BTC, $CRO, $MSTR] i'm still holding my $CRO short trade, but since my last update the $DXY reversed off it's double top high's from yesterday, $MSTR has come down significantly and yet much of the market is mixed. Big moves for $BTC incoming!
$CRO price continues to stagnate as it's hitting strong resistance zone and the top of the daily distribution fann range. Check my previous update for more on that... GL out there!
CRYPTO.COM +200% Crypto.com an exchange token has been following a specific fractal that has been seen in the 2018-2019 bear market for bitcoin.
This of course is purely speculation and shouldn't be taken seriously until we breakout of the descending channel, I do believe however that we are coming to an end for this years bear market and personally this is when I will be dollar cost averaging into coins that have big upside potential... CRO being one of them
Not financial advice DYOR.
XRP still intact on the weekly?XRP weekly chart is acting like
most alt coins with HIDDEN BULLISH DIVERGENCE.
When the chart has a higher low and the RSI
has a lower low...most chart gurus are totally missing this
very important pattern...The fear meter is screaming buy to me
so take a look at the chart and make wise choices.
Zoom in on the chart for the more details with explanation.
Bearish Divergence, Bullish MomentumWith CRO vs BTC, I'm expecting a bullish breakout of the Falling Wedge. Having said that, there's also Bearish Divergence on the daily chart so I'm expecting a short-term cooldown, perhaps to the 1D 50 EMA, before ultimately breaking the wedge.
Sidenote: Price action on CRO over the last three years looks heavily manipulated (more than most, anyway). Be careful.
--------------------------------------------------
These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following. Thanks!
The ATH of CRO against BTC?2020 could be considered the last time we made new ATH figures, ignoring the early days.
In terms of BTC, CRO has resisted its ATH, now again in 2021Q4. When will this figure be broken in terms of BTC and new ATH made?
When shall we see the valuation of CRO to be 20e-6 BTC when the current valuation is about 12e-6 BTC per CRO?
Scenarios:
1. Now a short accumulation and then to new ATHs in terms of BTC ----> CRO would start to behave more like an oscillator against BTC, a good thing
2. No ATH made in CRO against BTC, a little worrying sign where it would make more sense to use BTC than CRO as a store of value and use CRO only as an utility coin
Ideas?
CRO is about to make a big MOVE!
Hello, today I would like to share my analysis on COINBASE:CROUSD . As you can see in the chart (4 hour timeframe), for the last week CRO was forming a pennant/triangle form. In my opinion the next CRO move should be extremely important for the next week or two (if nothing special happens like staples centre getting new name). It is possible that it will brake from the triangle and reach new all time high, however other option is that it could brake short and drop a bit. From the chart you can see that it should drop to around 0.6$, and stay at that level.
On 1 day timeframe chart, MACD indicator is showing bearish move to be happening soon. So option 2 is more possible.
What are your thoughts?
Long CRO 200% + incoming!Hey Guys, hope you are well.
Im expecting a massive breakout potentially to the upside for cro/btc . Current price at ~335 sats and im expecting a massive bull run and possibly hit a target of 1000sats in the next 3-4 weeks.
If btc or even stocks has a major correction during the interim, everything corrects aswell!
What are your thoughts?
* Not financial advice, play safe!
Possible 5th wave incoming from CROOKEX:CROUSDT This will maybe play out. I think with the amount of volume in this run, it is hard not to see it as an impulse wave rather than a 3 part correction. If so this will hopefully lead to one more leg up. Pick it up soon or wait for the confirmation. It is extremely oversold with bullish rsi divergence. Strong support incoming at the .0710 range. This is the daily chart.
CROBTC Analysis 08/09/19Crypto.com Chain has seen some resilience, up by 16% while altcoins were suffering from the Bitcoin's alway growing dominance over the cryptosphere.
However, the coin is now facing a downtrend resistance that keeps capping any attempts made by the buyers to prop up the coin.
After two strong rejections over the last 2 months and lower lows, Crypto.com is heading back toward its downtrend for a new test.
Stochastic is showing some bullish tendencies, however as a lagging indicator, we wouldn't read too much into that as we are coming near this short-term resistance.
Regarding the current altcoins' context, the breakout to the upside case is always hard to defend. Volume has been rising slightly but we are far from previous levels that could sustain a processing bullish momentum. We also have to take into consideration the fact that short-term lows at 377 satoshis are also the year lows, we are therefore sitting on the edge of another sell-off.
Therefore, we expect to see sellers stepping up while we get near the coin's downtrend, putting some pressure on prices targeting short-term lows at 377 satoshis and lower.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .