CRO should test 200EMAKUCOIN:CROUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️For continuation I think CRO should retest 1 level by FIB and 200EMA on D1
➡️Interest zone now between 0.15$ and 0.25$
➡️Yellow arrow I marked possible scenario for CRO how to reach new ATH in 2022
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Don't forget sub and join my channels under this idea!
CRO
CRO - is going to get rid of the descending tunnelBYBIT:CROUSDT
1H trend chart
-
CRO is approaching to the upper downtrend line
If price can break it out, we can set a trading strategy with nice reward/risk ratio as below.
-
Profit Targets:
a) 0.61405----Fib(0.618)
b) 0.69790----Fib(1)
c) 0.75760~0.78175----Fib(1.272~1.382)
Stop losses:
a) 0.50700-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
CRO Coin OpportunityHello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CRO broke out as you can see we were inside a massive ascending triangle! we got a bit overextended with RSI when we hit 0.94$ and pulled back healthy to the mid level. Now we will start Re accumulation zone before going back to ATH and seeing above $1 sometime in 2022!
DEFI: CRO-ETH LP pair with imparmanent loss 36% and 0%This demonstrate the imparmanent loss in a LP pair where the other has higher variance in comparison to the other crypto coin.
The imparmanent loss can become zero if you are patient in holding the pair and the coins revert back to each other.
Ps. I use the following calculator in demonstrating this (dailydefi.org).
CRO, marketing, debt services and the future. CRO is showing a lot of strength. Continued momentum upward. Short traders are being cut down at almost every timeframe.
In the eyes of the every day consumer,
Crypto.com has formed a strong name for itself through professional marketing and real world application using crypto and debit card service integration. Since adding well known actors as spokesmen and displaying their name on iconic venues, Crypto.com is becoming a very VERY visible currency.
In the eyes of the investor,
CRO is being compared to BNB (the binance exchange coin) based on the creator being an exchange (crypto.com). If traders also begin to draw this comparison than they will see that BNB went from ~20$ to ~400$ over the past couple years and CRO will have a long ride up before it finds resistance.
The chart I've shown here is really just a guess at a bullish scenario. Pointing out a few resistance and support markers along the way.
Trade safely and enjoy the holidays everyone.
price at crossroads, dictated by margin buying/selling pressureCRO price is in an interesting spot. seems to be heavily influenced by leveraged traders, sticking to these levels like glue.
while it appears to be breaking out above the downtrend line, i'm still leaning short here with the confluence of 3x shorts ramping up, 4x longs off the table, and potential resistance retesting the prior bull channel.
a breakout above $0.65 would be tempting to buy.
CRO/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Since CRO is moving faster than my previous chart, I will post a updated chart to so it's easier on the eye and I've removed the other wave counts since we have a better idea of where it's going.