Cronos
CronosThe capitalization of Cronos tends to zero.
Cronos remains under pressure as part of a semi-annual downtrend, and the prospects for recovery are fading every day. As long as the coin remains below the key level of 0.5000, Cronos remains in the red color of the quotes. The current support level of 0.3000 gives hope for a short-term recovery, followed by a test and a breakdown of the trend line of the semi-annual downward channel. In the event of a breakdown of the trend line, the target of 0.5000 opens, in this case, Cronos has every chance to update the price maximum.
Play That Crypto.com Coin / Cronos ($CRO-USD) Bounce! 💯What Is Cronos ?
Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.
CRO went live in November-December 2018.
Who Are the Founders of Cronos?
Cronos was launched by the Crypto.com company as part of its vision of “putting cryptocurrency in every wallet.” Crypto.com itself was founded in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao.
Kris Marszalek, an alum of the Polish Adam Mickiewicz University, has founded and headed three companies prior to starting Crypto.com: consumer electronics design and manufacturing business Starline Polska, location-based service mobile app and platform YIYI and the e-commerce firm BEECRAZY.
Rafael Melo earned his bachelor’s degree in engineering from the PUC-Rio. Over his more than 15-year-long career in finance, Melo has worked with major companies in Asia and helped secure over 50 million AUD in funding for the Ensogo social commerce website.
Gary Or is a software engineer with over nine years of fullstack engineering experience. Prior to co-founding Crypto.com, Or worked as platform architect at Ensogo and co-founded the mobile app development firm Foris. He received his bachelor’s degree in engineering, computer science from the University of Hong Kong.
Before helping launch Crypto.com, Bobby Bao worked in the M&A department of the China Renaissance investment bank. Bao has studied at the University of Melbourne, NYU Stern School of Business and the College of William & Mary.
What Makes Cronos Unique?
CRO blockchain is mainly focused on providing utility to the users of Crypto.com’s payment, trading and financial services solutions.
CRO owners can stake their coins on the Crypto.com Chain to act as a validator and earn fees for processing transactions on the network. Additionally, CRO coins can be used to settle transaction fees on the Cronos Chain.
Within the framework of the Crypto.com Pay payments app, users can get cashback of up to 20% by paying merchants in CRO and up to 10% by purchasing gift cards and making peer-to-peer transfers to other users.
When it comes to trading use cases, the Crypto.com App allows users to earn token rewards for select listings by staking CRO.
Additionally, users can earn annual interest of up to 10-12% on their Crypto.com Coins by staking them on either the Crypto.com Exchange app or Crypto.com’s metal Visa Card.
Overall, CRO acts as an instrument that powers Crypto.com’s drive to increase the adoption of cryptocurrencies on a global scale. As such, the company is continuously working on finding and developing new use cases that will allow users to leverage the cryptocurrency to enhance the control they have over their money, data and identities.
CRO daily...whoa, are you ready for this?CRO Daily chart: well where do we start...the company is screwing everyone
with there horrible cuts in % staking rewards along with many other features
going into the toilet, but, the chart is playing out how it should. Take a look
at the white consolidtion box... .50 and .32 were the support and resistance
levels...and the DeMark 9 has read a triple bottom...only thing, it wicked under
the support but is holding right at it...I feel the sell off is bc of the horrible
email users recievecd over the lst couple days...lets see if it will hold support
here and make a move to the upside... the retracment to thje golden pocket
would be a nice spot for it to get back too and i could see that scenaro if
we hold here...if not, $0.22 could be the elevator down to. RSI is way oversold
as well which makes it a great floor.
Cronos (CRO) - April 25hello?
Traders, welcome.
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Please also click "Like".
Have a nice day.
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(CROUSD 1D Chart)
To turn into an uptrend, it must rise above the 0.4608-0.4802 section.
Therefore, the interval 0.4608-0.4802 is an important interval.
Below 0.3645, it is likely to enter the mid- to long-term investment area.
(buy)
- After confirming the support at 0.3952
(Stop Loss)
- When it falls below 0.3645 and receives resistance
(Sell)
- When receiving resistance in the 0.4608-0.4802 section
- When receiving resistance near 0.5632
A box interval was formed in the interval 0.3786-0.4608.
Therefore, if the movement continues in this section, it is expected that an uptrend to turn up is expected.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Cronos (CRO) - April 5Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(CROUSD 1D Chart)
(buy)
- After confirming the support in the 0.4608-0.4802 section
(Stop Loss)
- When it falls below 0.42
- (Short-term) When you find resistance by dropping below 0.4608, it's a good idea to sell some and check for further movement.
(Sell)
- When receiving resistance near 0.5632
- When receiving resistance in the range 0.643-0.69
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
CRONOS Pure TechnicalsHi guys,
I have been overlooking the Cronos chart quite recently, and I have to admit that this is one of the most beautiful charts i have looked into, according to respecting simple geometry.
We can see that currently Cronos is both testing the border of the triangle on the outside and as well trying to establish a higher low and support above the previous lower high. If this plays out, a double bottom od W pattern will be confirmed which would send Cronos to its next ressistance levels at 0.54. After that resistance is broken the next target is 0.68, and finally the previous ATH.
In case Cronos losses support and cannot establish a confirmation outside the triangle and above the W neckline, we will be testing the prices of 0.4, and furthermore 0.35 according to the support made around that price.
Trade responsively.
This is an observation and opinion, not advice.
Cheers!
CRO (Cronos) Crypto.com Potential Swing Long Set Up$CRO is currently breaking out from the trend resistance line. It has retraced back to the 0.382 Fibonacci Level dropping around 66% since its all-time high. Like most breakout out we could potentially see a move back down to retest the trend resistance. Due to the overwhelming publicity, and sponsorship from large several large companies and corporations, in the long term, $CRO will hit $2 in the next few years.
Trade Type: Swing Long
With Leverage: Cross 5x - 10x - 20x
High-Risk might want to wait for the retest from the breakout
Signal
Entry: 0.2813 - 0.3757 - Market Order (Higher Risk)
Fibonacci/Targetsi
1) 0.236/0.5413
2) 0/0.9752
3) -0.272/1.219
SL) - 0.2813
CRO Finished With Retracing I Think CRO had Finished with retrace. We Can try a Entry from Here. But i Suggest to Put Stoploss.
I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
Aprox. All Crypto Currencies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis
If You Like My Work Just Come and Join Me.
CRO
Cronos (CRO) - March 20Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(CROUSD 1W Chart)
We need to see if we can continue the uptrend with support in the uptrend channel.
Therefore, point 0.377 is an important junction.
------------------------------------
(Coinbase CROUSD 1D Chart)
1st resistance section: around 0.4799
Secondary resistance section: around 0.643
Support section: 0.3645-0.3952
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(CROBTC 1W chart)
0.0000 0607 - 0.0000 0746 or higher: Expected to continue upward trend
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
$CRO/USDT 12h (#Bybit) Rising wedge on resistance⚡️⚡️ #CRO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Current Price:
0.44340
Entry Zone:
0.44450 - 0.45820
Take-Profit Targets:
1) 0.41120
2) 0.38550
3) 0.35810
Stop Targets:
1) 0.48355
Cronos is facing 100EMA, it seems likely to reverse again and resume the retracement down after.
Risk/Reward= 1:1.25 | 1:2.05 | 1:2.9
Expected Profit= +26.70% | +43.77% | +61.98%
Possible Loss= -21.39%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
Tags: #CROUSDT #CryptoDotCom #CryptoComCoin #CEx #Payment #App #Earn #Wallet #DeFi #SolEco
Website: crypto.com