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Cronos

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.
BITTREX:CROUSD
by UnknownUnicorn19016152
2
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.
BITTREX:CROUSD
by RektMyMom
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.
Short
by g3ry
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.
Long
by bylerzone
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..
by bylerzone
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.
Long
by luyestefan
4
$CRO (Crypto.com) Token Signal$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!
Long
by Trader_hao
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.
ALong
by Grantw04
CRON New 2020 High? +Trade Setup (>92% Potential Profits)Hello Fellow Traders, Today we are looking at Cronos Group Inc ( CRON ) on the TSX. As we can see, prices have been correcting after peaking in July around $35. However, the new 2020 high set just recently is only at $11.85. We can see a double bottom printed this year on the daily chart , as well as the bullish falling wedge pattern. With prices consolidating just under the 2020 highs and holding above all EMAs, we can expect additional growth in the near future. In the long run, this could rally to $33 (+200%) or higher. However, a potential short-to-mid term trade setup now could be: Entry: $10.00-$12.00 Targets: $15.00 (+36%) | $21.25 (+92%) | $27.25 (+143%) Stop loss: daily close below $8.50 (-15%) Let me know what you guys think down below and leave a like if you appreciate the analysis. Also, check out some of my other ideas and follow my profile for more chart analyses and profitable trade setups! Thanks for reading :) Price at writing: $11.04
TSX:CRONLong
by PS_TopDollarInvestments
Cronos Group Long Idea / Buy Toronto-based Cronos Group has always played it safe by not aggressively going after acquisitions, instead using cash to focus on research and development with its products. With steady revenue numbers, it has kept its balance sheet strong enough to at least survive the COVID-19 storm. At the moment, Cronos's business is predominantly in Canada, though its American and Israeli segments are growing quickly. While its Canadian segment hasn't expanded much this year, its total quarterly revenue is growing at a rate of 29.1% year over year, which is a bit faster than Canopy. But this growth doesn't change the profitability problem. That said, Cronos may not need to take dramatic action to reach profitability, thanks to a powerful new ally. In March of last year, Altria Group agreed to invest $1.8 billion in Cronos in exchange for a 45% share of the company. Altria is one of the world's largest tobacco product manufacturers, and its holdings include everything from major cigarette brands to newly famous e-cigarette and vaporizer companies like JUUL. So it's reasonable to expect that Altria will empower Cronos with its considerable strength in product development, brand-building, and supply chain management. As long as Altria continues to invest in improving its vaporizers, Cronos will benefit, and it will have a long-lasting competitive advantage as a result. From all this i am expecting the stock to outperform canopy growth in the long term +4years . And seeing the price reaching 100$ or even more by 2030 . Buy and Hold. Good Luck
NASDAQ:CRONLong
by MassineFariss
2
Which cannabis stocks should I now that Biden is the president?Which cannabis stocks should I now that Biden is the president (part 1) : Going first with Cronos Group. Biden won (although Trump wouldn’t agree😊) and the sentiment is talking about green energy stocks, electric vehicle makers, telecommunication stocks, cannabis stocks, government bonds and more. But we cant invest in everything and we cant relay on market hype to make a sound investment. So first I wanted to break down cannabis stocks as they have rallied dramatically in the last 2 trading sessions. But before all that lets state a super important fact: Arizona, and South Dakota recently voted to legalize recreational marijuana! BOOM! I choose to start this series with the first stock of Cronos Group. Cronos Group Heavily funded by Altria group investment in 2018 with 1.8 billion, the company has been operating in the last two years with no factual growth or sales, I mean 10 million in sales in the cannabis world market would be a drop in the bucket. Stock rallied 10% in the last week upon elections but once the 15 min of fame are over this stock isn’t going to do much in my opinion. The spending on growth and technological developments such as “fermented cannabinoids” which I will explain now, have cost the company to fall behind in the cannabis race on market and sales share. So what is fermented cannabinoids? The Cannabis flower isn’t using cannabinoids in order to maintain its survival, which can cause a change of up to 30% in the concentration of the flower’s cannabinoids, even if grown in identical conditions it still varies from one flower to another. So, extracting and controlling this would be a very difficult task. Fermenting it is basically growing its cells in a lab and duplicating them instead of growing the flower itself – again this is explaining it in a nutshell of course. So the news about Biden wining can maybe translated into good news for Cronos Group, but for me as a skeptical, I’ll need some proof of concept before jumping in and that means sales sales and more sales! TECHNICAL VIEW on Cronos Group: Highest high pre COVID was a25.1$ at February 2019. Dropped from there all the way to 5$ with one Bullish week during that slope. Then was side channeling from 5$ to 7$ and gave one fake out on June @ 8.09$ and went back down. This Friday it broke resistance and touched 8.4$ just to drop back down to 7.5. With all rally and resistance tested twice and broken, I expect the stock to rally up more to the 13$ zone (retracement to the 38 Fib line) but I don’t see it going further then that at least in the upcoming 4-6 months. Short term Buy Long Term Sell Revise again at March 2021. Here is a chart comparing all major cannabis stocks one next to another (not including Grow generation group that could not fit in the chart since price is too high) Next up we will cover Canopy Growth! WE analyze the stock market acc to the great Ralph Nelson Elliot and combine that with fundamental and sentiment analysis on a theory we call Market Cycle Based Analysis and that gives us high prediction rate 😊 This is not a recommendation but our personal advice Trade safe and invest smart!
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NASDAQ:CRONLong
by FDGT_academy
98