CRO
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.
CRO crypto.com going parabolic? Fibonacci levels CRO crypto.com going parabolic???
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Here is a quick logarithmic chart to get an idea of where to get on and off from this fast mover...
Clear uptrend channel visible from this angle and using a Fibonacci which so far the price bounced off the 61.8% level after Black Friday market antics brought it down to around $0.60
Huge fundamentals with the Stables centre sponsorship will keep this coin bounding high, any negative news will hurt the price giving great opportunities to get on this fast and wild horse
Let's see if some speculators are correct into the next years using this weekly log chart, time will only tell...
Off to DJ at CoinFestUK later today, catch u all after the bloodbath, looks like lots of pain today in the markets
majorlee
Reverse Head and Shoulder Move - We finally resume the uptrend Thanks to the massive retest on the 52 cents level that then consinued to form a reverse head and shoulder, lots of technical factors point to us resuming the uptrend from here.
There Also the fact that price has crossed the 60 EMA to the upside and is still at an oversold level on the stochastic are two more confirmations that we will se strong uptrend momentum from here on forward in the next several days or weeks.
Stress free trading. BTC, SOL, Crypto.com, Stock Market AnalysisSometimes we way over complicate our trading.
Back in 2020 you may remember my breakout chart from 10k and since then I have really loosened up my trading.
Bitcoin is succeeding and will continue to succeed.
All I am trying to do now is limit my downside and gain more bitcoin .
Same with Solana.
If you look at my breakout chart for Solana. I bought at $150 but took profits around $260 to be safe.
There should be no anxiety about taking some profit, worse case scenario you miss out on some more upside.
I got back in a little early, around $220 and held this past week through the dip. But, I still added to my Solana position.
I think we can see the push to $300 now if bitcoin also breaks $60k.
Not overthinking this.
If Bitcoin breaks trend into my red zone, then I will sell my BTC and Solana and convert to USDC Staking.
If Bitcoin breaks 60k, I will hold everything and also look at Solana to head up to $300.
In my opinion, we will see 50k again so I'm not worried about taking profits here.
With the massive growth in Solana it is also like we could see sub $200 again, so there should be no stress in taking profit at any price point here, however a successful next checkpoint would be $300.
Along with this, I am also getting into Crypto.com. Mostly because of the naming of the lakers stadium and benefits they provide.
The card is pretty cool, 3% cash back, pays for spotify and netflix which saves me money every month and pays for the staking itself.
I am considering DCA twice a month into Polkadot and staking at 12% rate.
The stock market for now has lost my attention. Many companies are inflated, and many companies are way undervalued, but get shorted to hell.
I will just stick to bitcoin , solana, and staking for now.
At the end of the day, 10% USDC staking is better than market average.
Best,
BK , aka . iampatrick
Good entry for CROAs per usual I don't know anything about indicators, but looking at the pattern CRO has been displaying over the last week or so I'd say it's safe to assume at least a 5% increase over the next hours, probably gonna hit the previous ceiling and start trending down again.
Listen at your own risk, my last attempt at graphs was a total failure, but as per usual, I hope at least it bring attention to the stock and helps you reach your own conclusions.
Good luck out there.