Cryptocom Play Softly- After the FTX Disaster, i really reconsidered my invests when i wanted to buy an Exchange Token, all combined (BNB Also).
- That said Cryptocom at least survived at 2022 panic and the trend acted as a normal bear market bearish mode.
- i made some good returns in 2021 when Cryptocom rushed to 1.2$.
- i sold my tokens around 0.75$ because it was more than enough for me.
- if you don't have any insiders connections, you will never know if a project is healthy or not.
- Anyway it always worth to diversify and invest a bit in everything you feel having a real potential.
- Exchanges Projects, Privacy Projects, Defi Projects, Meme Projects, Real Tech Projects, and of course, Bitcoin for Safety...
- Everything is still pure gamble and all is depending on the teams decisions, some will fails and some will moon.
- Now for the method :
- just look at the bubbles in the graph (Bounces + Rejections ).
- Find the price action range.
- Find the breakout potential zone.
-- Better to buy a breakout near from a Bouncing zone.
-- Try to avoid to buy close from rejections zones (Fakes Breakouts).
-- invest smartly, don't go all in, keep juice to rebuy always.
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Trading Parts
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Buy : 0.52$ ( a bit ) ( Potentially new 2023 Bottom )
Full Buy : 0.026 (all in) ( Bottom 2020) ( worst case )
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TP1 : 0.095$
TP2 : 0.18$
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Next Bull Run Max Price : 5$
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- Stay Safe, Play Wisely.
Happy Tr4Ding !
Crousd
Cronos (CRO/USDT)Testing Weekly Horizontal Support / Resistance Level.
About Cronos
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.
.....................................................................................................................
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
CROUSD breaking out right - very bullishCROUSD is breaking out as we're creating this publication.
The key resistance of the downtrend has been broken and now the price can pump higher.
MACD looks good. We can observe increasing bullish momentum.
160 % upside potential
Take profit levels are shown on the chart
Good luck!
Cronos: Getting Up with The Chickens…? 🐔⏰Getting up with the chickens obviously isn’t really Cronos’s scene. The altcoin is lolling on top of its magenta-colored bed and seems to find it hard to rise and shine. However, we expect our crypto-friend to do exactly this! Cronos should get up from the magenta-colored zone and climb above the resistance at $0.0887, pushing itself upwards from there to finish wave 3 in green. After the moderate counter movement of wave 4 in green, which should also remain above $0.0887, the altcoin should clamber higher still. There is a 33% chance, though, that Cronos could topple off its magenta-colored bed and slip below the support at $0.0542 to develop a new low in the form of wave alt.2 in turquoise.
CROUSD - Oversold - Small PumpOn the 1h timeframe chart of Cronos (CROSUSD), we can see that the price is oversold.
The indicators used are the Bollinger Bands, Relative Strength Index and Stochastics. All three indicators are identifying the same oversold condition.
The price is approaching a support zone. Previously this support zone was strong resistance. So it's likely that the price is going to be supported. In combination with the oversold condition, it's a double confirmation for the price to increase.
All further details are shown on the chart.
Goodluck!
Cronos CRO Price Targets for this weekThis week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Bitcoin BTC are:
CRO/USDT short
Entry Range: $0.06 - 0.07
Price Target 1: $0.055
Price Target 2: $0.045
Price Target 3: $0.038
Stop Loss: $0.085
Cronos CRO Bear Market RallyFriday the S&P hit a new 52 week low, being oversold right now.
I expect a bounce in the stock market next week, which will determine a bear market rally in the crypto space too!
Cronos CRO is one of the cryptocurrencies that have a lot of potential for a bull run.
CRO/USDT
Entry Range: $0.11 - 0.12
Price Target 1: $0.14
Price Target 2: $0.17
Price Target 3: $0.20
Stop Loss: $0.09
🤠 How much more can CRO decrease?🤠 How much more can CRO decrease?
it takes some time until it reaches the lowest minimum. Then a small side and until we exceed $0.20, we are still in the bear market.
How far can it go? I see it reaching $0.07-0.08
How much more can CRO climb after? I see it at least $1.7
When? Not this year!
Cronos: Too Hot 🥵Actually, Cronos had already been hot on the heels of the resistance at $0.1580 – maybe too hot because after finishing wave (B) in yellow there, the altcoin has jumped into the turquoise zone between $0.1330 and $0.1211 to cool off. Here, it has completed wave (C) in yellow as well as wave ii in turquoise, so that it should move upwards now, heading for the resistance at $0.1580 again. This time, though, Cronos should surmount this mark, thus confirming the ascent. However, there is still a considerable 45% chance that Cronos could drop below the resistance at $0.1161, which would then lead to further downwards movement.
💡Don't miss the great buy opportunity in CROUSD @cryptocomTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CROUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.1406
TP2= @ 0.1499
TP3= @ 0.1646
TP4= @ 0.1798
TP5= @ 0.1924
SL= Break below S2
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💡Don't miss the great buy opportunity in CROUSD @cryptocomTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CROUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.1406
TP2= @ 0.1499
TP3= @ 0.1646
TP4= @ 0.1798
TP5= @ 0.1924
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
CRO/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
RR: 25
Possible upside: 1200%
Possible downside: 48%
The bottom for CRO is in. 99.99% sure.
If you take a look at the wave (4) bottom it touched the price around 0.06. It went a bit under the support line. This is a prime example of what I meant by getting stop hunted. When they are looking to take out players who places stop losses on support lines they will go a bit right under to trigger your stop loss.
The stop loss I have placed on this chart goes a bit further than that. 0.055
Wave 2 bottomed around 0.048
0.06 is really close to 0.048 so I'm 99.99% sure the bottom for CRO is in. If we go anywhere near 0.048 this chart is invalid.
CRO AnalysisOn the left we an see price hitting 0.5 fib which has been previously seen as a support area, also aligning well with the green uptrend line
On the right the Gaussian Channel indicator shows the middle band as a point of support, price on this BTC pair is just above this Middle Band right now
CRO following prior path along long term support lines. Hello you beautiful trader you!
Copied the Elliot wave forward and outlined some long term channels. Excess bleeds to either side, but here's to hopium eh?!
This is until crypto either depegs from the US Stock Market or BTC finds a functional bottom.