Cronos (CRO) - March 20Hello?
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(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.
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(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
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** 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.)
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Cronos
$CRO/USDT 12h (#Bybit) Rising wedge on resistance⚡️⚡️ #CRO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Current Price:
0.44340
Entry Zone:
0.44450 - 0.45820
Take-Profit Targets:
1) 0.41120
2) 0.38550
3) 0.35810
Stop Targets:
1) 0.48355
Cronos is facing 100EMA, it seems likely to reverse again and resume the retracement down after.
Risk/Reward= 1:1.25 | 1:2.05 | 1:2.9
Expected Profit= +26.70% | +43.77% | +61.98%
Possible Loss= -21.39%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
Tags: #CROUSDT #CryptoDotCom #CryptoComCoin #CEx #Payment #App #Earn #Wallet #DeFi #SolEco
Website: crypto.com
CRO: a new bank for a new world.Crypto.com is now well known by many in the crypto world and out.
They recently bought the name rights of a famous american stadium, the staple center. The price they paid is ashtonishing: 700$ millions.
They now own the name of this stadium for the next 20 years.
This shows you how is their view of the future, they clearly want to be here.
It's also very good for the folks who want to subscribe to their 12% interest on usdc. To do this you would need to lock 4000 CRO tokens for 6 months (current price 2000$). When a company like that decide to make a 20 year move, it's clear that they are very serious and they know very well what they are doing.
This will just improve their interest rate program and will take gradually add more and more liquidity and TVL with time.
Their program will allow for the first investors to sell (without creating financial disasters) and for new investors to have better buy opportunities.
The trend of CRO is also a very good one, if it holds from this position and continue higher i can see it eventually reach 5$ (maybe even more). It's important to note that CRONOS incentivize holding for long periods of time. So, It becomes more convenient to hold the locked tokens instead of selling them for profit. Your profit will be the interest rate paid weekly and holding the CRO will let you be paid.
TA:
The overall structure looks very good.
The trend reached the top of the channel and it broke it in november 2021. Then it consolidated and re-tested it succesfully (for now).
We can also notice (orange arrow) that everytime we had a double bottom the price always continued higher. WIll it?
The RSI is also screaming oversold and bottom in, notice how everytime the RSI went under 30 a bottom was subsequential.
As now this token look so full of potential. We will see if in the next months btc will be a good boy. If so, prepare because CRO is ready to shoot to the sky and beyond.
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.
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.
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.
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. Im actually leaning more bullish
than bearish...I see us begin to move upward from now to the next 4 wweks
for a bull run..
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
CROUSDT Complex momentum-shifting-structureCRO been goin crazy in the last couple weeks and it all started with the legendary inverse head and shoulder pattern that formed from june to end of july and broke the neckline in early august. From there CRO been mooning from below $0.1 and hit a ATH around $0.98 on Nov. 24.
Since then CRO sold off after showin bearish divergences on the daily rsi and to me it was quite difficult to tell what CROUSDT is actually doing. But with more data theres more clarity. Its quite astonishing to see all the Patterns that the Chart throws at us.
Instead of callin for exact patterns Names or deciding for one over the other, one should look at what this patterns trying to tell us as traders and analysts.
CRO made a lower low double bottom, broke a supply line (dragon or creek) and flipped it to a support, while forming higher lows and painting another inverse head and shoulder pattern, inside of a potential ascending triangle. All in all its a complex momentum-shifting-structure which could lead to a continuation of the Rally. Also short timeframe oscilators imply that this could be the new bottom for CRO.
With all this intel its getting pretty easy to manage risk here. If CROUSDT can continue to make higher lows and doesnt fall below $0.65 and doesnt break the demand line of the potential ascending triangle its safu.
There are 2 Ways to trade this either with a stop loss around the demand line for a short term trade or with a SL below $0.65 for a short swing trade. But its a small structure at high premium levels so i would not recommend to actually act on this setup. No Value at those levels even tho it could go much higher from here.
Altough there were alot of technical arguments for CRO, the pumpage we saw in the last weeks been mostly fundamental. Crypto.com launched the Beta for their CRONOS EVM-Chain Mainnet on Nov 9. which is revolutinary because the company combines defi with cefi and enables frictionless transfer of defi gains directly on to their visa cards. I used alot of farms and stuff on other chains, but never felt as safe as on CRONOS since CDC is heavily compliant with regulators and alot of projects on chain are financed by CDC so the chance of rugpulls reduces drasitically. I also generate enough passive income thru the Dapps that i was able to quit my job.
this is no financal advice or CRO shilling, just my honest opinion about the asset i monitor the most because i hold 75% of my networth in CRO and multiplied my BTC holdings since march 21 thanks to this asset.
$CRO (Crypto.com) Token Signal$CRO (crypto.com token) is up more than 40% since my signal 4 days ago! Congrats to those who went in with me. My goal is to be transparent in my trades and provide insights on what i invest in for my own personal portfolio. Meanwhile, i also have been earning 0.5% yields daily by staking $CRO and $USDT on app.cronaswap.org by providing liquidity (LP)
However, CronaSwap is a very new exchange on Cronos Chain and thats why they are offering high yields. Invest in your own risk and always DYOR!
CRONOS pot stock outlookPlenty of support zones from fibonacci levels, trend lines, and previous resistance.
I'm expecting pot stocks to generally remain bullish for 2021, just look for healthy corrections from time to time like I've illustrated here.
$8.50 might trigger a lot of stop losses so keep an eye out if we get to those levels.
Mr. West Daily notes Report no. 8Trending up: ABNB, ACB, AESE, BOTZ, CRON, CSX, DASH, DENN, HERO, JBLU, JETS, MVIS, NCLH, NKLA, NNDM, PBI, PRCH, REKR, UA, UNP,
Trending down: CAN,
Consolidating: GE, HVBTF, MICT, NIO, ROKT, ZNGA
Today's notes will reflect the number of up trending stocks that are on the List. These particular companies and ETFs have been showing growth over the past month.
Many of them are tech based, industrial based and consumer based. 20 out of 28 stocks are trending up for the month of January. Pitney Bowes (PBI) has shown signs of growth due to their expansions in the postal service. Door Dash (DASH) has also grown since its debut in the stock market and its number of ghost kitchens appearing more in the U.S.
Two companies in particular has also shown some great improvements in it's sector are Aurora (ACB) and Cronos (CRON). Based on the cannabis market and the conversation of marijuana being legal on a federal level speaks growth for the weed market.
The number one company on the trending up list based on percentage growth for the month of January is Aurora (ACB). It has shown great growth for this month. From January 1 it has grown over 40 percent. However, based on their financial reports, they maybe valued as over bought.
CRON primary count establishingI am still looking at the MJ sector as a whole needing to see more upside soon. Right now I think we could still be just establishing a 3rd wave, and I could see it continuing up from here. However if we continue to break down and need to make another 12 or another count becomes clear we have a nice support zone sitting on the breakout.