CRYPTO.COM - SEARCHING FOR THE BOTTOM (CRO ANALYSIS)In our previous analysis on CRO, we identified Potential buy areas and DCA zones. However, we've had a hard time having our orders filled.
Not to worry as our trade idea is still on track,
UPDATE:
From the chart above in this current analysis, we can clearly see CRO in a channel up. Notice that after price touched channel resistance the first time out, we took a lengthy retracement back to support, however this was only confirmed after closing below the 360 Daily Moving Average(Blue Line).
We touched resistance for the 2nd time and we can expect our buy orders at the 360 daily MA (in-line with out first horizontal support).
Also notice that after touching the 360 MA, we retraced further down to hit the channel support at least approx. 40% each time.
Should history repeat itself, we can have our bottom below the 360 Daily MA. (I however expect the bottom to be at the W2 support region)
BUY ZONE 1- 360 DAILY MA/1ST HORIZONTAL SUPPORT
BUY ZONE 2- 2ND HORIZONTAL SUPPORT
BUY ZONE 3- W2 HORIZONTAL SUPPORT
BUY ZONE 4- CHANNEL UP SUPPORT REGION.
CRO
Buy cro?english:
as we can see in recent weeks the price of cro is falling precipitously after a strong bearish impulse, marked with the red circle in the chart, also given by the fact that there was previously a strong bullish impulse which however did not go well end, in my opinion the price will continue to fall even given today's geo-political situation, in an upcoming bull-run I do not exclude the possibility of seeing cro touching the dollar and why not also the two dollars, this will happen for after we have broke the resistance above the price and reversed, and broke, the bearish trendline.
italian:
come possiamo vedere in queste settimane il prezzo di cro sta scendendo in modo precipitoso dopo un forte impulso bearish, segnato con il cerchio rosso nel grafico, dato anche dal fatto che c'era in precedenza un forte impulso bullish che però non è andato a buon fine, a mio parere il prezzo continuerà a scendere anche dato la situazione geo-politica di oggi, in una prossima bull-run non escludo la possibilità di vedere cro toccare il dollaro e perche no anche i due dollari, questo succederà per dopo che avremo rotto la resistenza sopra il prezzo e invertito, e spezzato, la trendline ribassista.
CRONOS CRO: breakout probability increasing in 70 daysNarrowing channel is continuing.
- Most staked cards during the last FOMO
- 180 days in lock
- CDC cannot lose the customers and their locked CROs
All possible operations are taken in place to support CRO before the 180 days' card lockdown of most users is opening.
No financial advice.
The CRO reacts similarly to the entire market with a small correHello everyone,
Let's take a look at the 4H CRO / USDT charts.
The local uptrend line is worth paying attention to as the price has dropped below this line. After today's declines, the support moved to around $ 0.41, and when we break it, we can mark the next support at $ 0.37 and $ 0.32.
On the other hand, it is worth looking at the resistance points that we may encounter in the near future if the price turns back. The first resistance will appear at $ 0.45 while the next we have at $ 0.47 and $ 0.48
The CHOP indicator also shows that the collected energy was used for today's decline and has now been exhausted in the 4H range.
CRO situation with bullish outlook, FOMO during Superbowl?The trend reversal has been waited for a while. The FOMO may be initiated by Superbowl and its marketing.
There are all options for it occur soon.
- Superbowl
- Crypto companies on steriods
- Crypto.com and CRO benefitting from visibility
It is possible that we hit support bands faster than earlier when/if the fomo steps in:
- Binance Forbers Deal
- advertising very aggressive
- new customers raining in
- people want a change
TA
- finally entering the middle zone in support bands
- bearish momentum may be overcome with bullish momentum, currently accumulation in the middle zone
- uncertainty excaggerated by the wideness of the support bands
No financial advice.
So we are at a crossroad ➕➖ whats next ⬆⬇Just to follow my own investment and sharing my thoughts outload .
Remember to do your own research.
MANY good fundamentals things are going on at Crypto com at the moment, you should go study it and not just the hype there is atm becouse of the stadium and add .. but about the firm and there plans .
good hunting
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.
CRO against more resistance.Hi,
Let's take a look at the CRO / USDT chart, 4 hour interval. The price is moving in an uptrend channel.
We can designate the first short-term support at $ 0.51, while the second-place support is at $ 0.48.
A resistance zone between $ 0.55 - $ 0.61 is ahead of us. Breaking through this resistance could give us more gains.
CRO bullish ahead of the Super Bowl If you haven`t sold CRO at the top:
Then you should know that it is one of the most aggressive marketing companies in the crypto space.
I expect them, if not run an Super Bowl, then at least to be extremely bullish before the event and few days later.
My price target is $0.58 followed by a retracement.
The support and resistance play in the chart speaks for itself.
Looking forward to read your opinion about it.
#Crypto.com Coin #CRO flipped MA-Ribbon bullish again#Crypto.com Coin #CRO flipped MA-Ribbon bullish again
A good sign is the reconquest of the RSI-support.
And now we have the MA-Ribbon bullish flip as a conformation.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
How to retire at the age of 65 with more than 1 millionI am going to use an article for my analysis. www.gobankingrates.com
If you scroll down to the how to save 1m starting at age 25 tab; it says to save 158$ per month "assuming" a 10% return.
Now if you do the same without assuming, using my method, here's how you'll be guaranteed a million by investing 158$ per month into CRO.
CRO has a staking reward system like many other cryptocurrencies with a guaranteed % APY. CRO has return rates ranging from 10%-12% depending on the card that you get.
Now let's assuming that this chart plays out, from what I can see on this chart, there is a possible gain of 19875% ROI. I will not do the math for you, if someone else can, please do lol. What does this mean? You'll be guaranteed 1 million at the age of 65 with a 10% APY staking and even sooner with a 12% APY. At the rate that CRO will increase you can possibly retire even sooner as the coin continues to increase in value. .60 today and in 40 years its 11$. If it hits 11$ in 40 years that's almost 20 million you'll have. The 1 million at 65 was with the assumption of CRO being at .60 cents on a 10% APY.
The graph shows 2088 bars, 1 bar is 7 days since this is a weekly chart. 2088 x 7 = 14616 days. 14616/365 = 40 years.
Here's how you retire at 65 with 1 million dollars guaranteed and not assumed.
For Wakanda
Crypto.com CRO with 300 days converging channel forming?CRO may be forming a 300 days converging channel. Be patient.
Super stressful accumulation period may be coming.
Short-term
------
- SuperBowl expectations may be too low or too high
- Launch of Crypto.com Exchange US, unexpected results
No financial advice.
CRO oscillating against BTCLast time, we had 87% drop against BTC with CRO. Historically, it is more probable that either CRO will drop or BTC will rise proportionally more against CRO.
- is this behaviour an anomality or is it because Crypto.com can control and affect CRO the most?
- no support with moving averages (illustration with 100W MA)
- volume not increasing
- if CEO remarks is to listen, the Q1-Q2 will be bad and then the end of year will be good
--> history would support this, ideas?
Two chances: parabolic run or bearish momentum taking over. Hard to believe that accumulation would last very long or it would mean a real fight between bulls and bears.
No financial advice.
Crypto.com coin CRO Reversal would be a sensationI hate being bearish but the technical indicators are not so bullish as many would like to understand.
Earlier times we have come so high the price has not been able to hold. This time may be different but recommended to be careful with CRO until momentum.
Short-term things
-----
- Superbowl advertising
- Lauch of Crypto.com Exchange US
Long-term TA
------
- looks bearish
No financial advice.
CRO daily chart still intact?CRO (Crypto.com) daily chart still looking intact?
Im staying Nuetral at the moment bc its charting a
bear pennant but the RSI had hit the very bottom,
and the DeMark 9 Indicator aslo is reading it
hit the very bottom which is a 80% probablilty,
that Bars Pattern you see would be what it looks like
if the same bull run it has had in the past would repeat
again. look how it matched exaclty up where
the DeMark showed that its ready to move upward.
the price targets are shown on the right side above
the current price, supports are listed on the right below
the current price.
The CRO in the uptrend channel.CRO / USDT is moving in the uptrend channel, currently the price is at the point where it stopped several times. If we manage to go further up, the first serious resistance should be at $ 0.566, while when the price starts to fall, the first support is at $ 0.48 and the second at $ 0.4628.
Looking at the MACD indicator, we can see that the blue line is above the red line, which confirms an uptrend.
DAILY POST (1/1) - CRO TA (REPOST)- This is a repost of my previous post that got taken down because I was "not respecting the house rules" - sorry for the inconvenience caused. -
See for yourself if my scenarios worked out !
I think that we could see CRO straight up again or make another dip and then recover, I personally believe the second option an I am going to invest.
Its moves are also depending to the course of bitcoin .
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!! Planning on going LIVE on YouTube every evening during next week !! - I'll drop more info later
- based on cycle and log spike support/resistance lines
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