I almost lost hope but I will follow my strategy until the endSometimes is hard to hold when you don´t a defined jump out strategy, some moments are really scary and indicators flip against us really fast.
Not being able to have a defined strategy will always make you take bad decision in the worst moments.
We are not out of the water just yet, but this jump actually shows some really bullish potential, not fast moves, but a good trend can be formed.
1. We found support over the bull cycle trend line and already broke the ascending triangle that was holding us back.
2. We found support over the weekly RSI, just like we did in the past dumps.
3. Dollar index is falling right now, at least in the short term.
4. Whales accumulated big time during that dump.
5. Number of BTC`s in Exchanges are decreasing
CRO
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.
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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.
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This guy is the only thing that makes me still believe in BTCIt´s finally dropping, it waited until the last day of the year to do so.
People are leaving the dollar to go where? The stock market is not looking good, inflation is at it´s max.
The only assets that could benefit from it are Metals and Crypto. Let´s keep an eye on it.
BINANCE Bought Leading Crypto Visa Card Issuing Platform SWIPE !Binance Announces Swipe Takeover!
Swipe is the industry’s leading cryptocurrency Visa card issuing platform that enables users to instantly spend cryptocurrencies at over 70 million locations worldwide.
All current SXP utility will remain unchanged.
I think this is the beginning of something big! they want to build a rival for CRO.
CRO has a mk cap of 14 Billion while SXP only 400 Million at this point.
I think upside potential for SXP is huge from here: 35X just to reach the market cap of CRO!
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?
Crypto.com Triangle Pattern CRO is seeing weakness after finding resistance @ the 23.6% Fibonacci retracement level. Price is trending below all short-term moving averages and has formed a descending triangle pattern. Bearish price structure w/ mixed momentum & trend indicators. Above .6495 = bullish, below .4795 = bearish.
we need gas to break the 21 weeklyBTC needs to create a heathier move to break the 21 weekly, retracing to 0.618 would be great for that push, stay calm guys.
If you were holding all this time, try to understand that going straight up is not gonna happen.
Also, the financial markets just had an ATH today, chill out, the markets are ok for now.
CRO long setup (20% gains)$cro looks nice here. R:R is great at a 5% stop vs 20-26% reward depending on how you want to play it. Just retested LTF break of diagonal trend line .
I feel like I owed a bullish post for all of the shade I threw at CRO on its run up :)
And for those that said we would never see .50 again...well, I hope you survived the fly by down to .36 hehe
Dont fall in love with a project so much that you ignore what the price action is telling you.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
CROUSD will fortune favor the braves again? #CRO 1. Target: $ 0.79
2. Target: $ 0.92
3. Target: $ 2.8 lfg! xD
After 1 Month of consolidation, CROUSD confirmed a 12h break out of the downsloping supply line or the downtrend, which it was in for the last 30 days. Now CRO really needs to reclaim the .537$ level and start closing above it again. If it does, skys or btc the limit. bull divs on different timeframes and the other usual stuff. Funny thing is cro pumped so hard that i couldnt find a real low to fib from. however, theres a 50% discount on CROUSD rn! buy 1 get 2! lol :) Very low risk area imo.
CROBTC Insane bull flag and massive bull div! #CROCRO painted a insane bull pole bull flag on the daily chart, with massive hidden bullish divergence on macd histogram and rsi. Bullish engulfing candle on the daily is almost certain. Probably about to test ancient resistance and break the 2021ATH. 130% upside. Even if you enter now you still have a risk reward of 3:1 (i wouldnt recommend it tho lol). bullish af imo