CRO/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick
CRO/USDT analysis update
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-CRO/USDT is a triangle pattern create and buy the dip green zone
Entry:- CMP And buy the dip in the green zone
Target:- 30% TO 40%
Stop loss:- $0.40
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
CROUSDT
CRO - Rebound Will Now be Tested Breakout and continuation of the Rebound?
Or Rejection and more trouble?
CRO has failed to excite us further but remains a serious player in the industry.
Analysis:
Crypto.com Coins (CRO) has dark clouds forming on its horizon as CRO price development is set for a bearish breakout on the pennant it is forming at the moment. As the price will nosedive, expect bears to have an easy ride before running into bulls that will start to buy into CRO price action. With that, CRO will lose around 20% of its value and will hit $0.31 before being halted by broad buying from bulls and investors.
CRO price is awaiting bulls for a pick-up
Crypto.com Coin is entering its fourth consecutive day in the consolidation of the pennant. As price action looks set to break the pennant, a lower stage is set as the outcome of the pennant. Bears already have their hand in the price action with the rejection of CRO price at the monthly S1 support level at $0.43. Not only the S1 but the 76.4% Fibonacci level and a historical level all fall in line around that area, making it an adamant level to punch through.
Yes, a lot will depend on Bitcoin as well as the markets:
Should US markets see a significant shift toward risk with indices firmly in the green, expect a possible break and pop with the tone set for next week towards $0.50.
One Love,
the FXPROFESSOR
CRO trendline breakout hey everybody
wait for a clear retest on 0.43 then you can long
you can also find better entry around 0.43 on 4h chart
we need to see closing this 4h candle above 0.43 then retesting on it !
please be careful because BTC getting close to 40k resistance so could be a chance to fail and all cryptos coming down with it !
not financial advice!
#Crypto.com Coin #CRO able to flip MA-Ribbon?#Crypto.com Coin #CRO able to flip MA-Ribbon?
A good sign was the reconquest of the RSI-support.
Bot a confirmed MA-Ribbon bullish flip should be awaited.
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
Crypto.com Coin (CRO) - January 24Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
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Have a nice day.
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(CROUSD 1W Chart)
Above 0.198 point: Expected to create a new wave.
You need to make sure you can get support at the 0.377 point.
To continue the uptrend, you need to break out of the downtrend line.
The next volatility period will be around the week that includes March 14th.
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(CROBTC 1W chart)
Above 0.0000 0500 point: expected to continue uptrend
Above 0.0000 1375 point: Expected to create a new wave.
Overall, it can be seen that the 0.0000 0500 - 0.0000 1375 range is forming a box.
Therefore, it is important to maintain the price in the range of 0.0000 1375 - 0.0000 1679 to create a new wave.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** 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 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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CRO long setup- Multi-month downtrend
- Price seems to have bottomed out
- Broke 50EMA (as in late december)
- MACD curling up ( " " " " " " ")
- MACD histogram green (" " " " " " )
Looking for either support found at the 50 EMA or a clean breakout + retest of the 100 EMA (purple)
However, since we're in a clear downtrend for CRO it is also likely that we'll see a rejection from the 100 EMA and a further move down. Despite this very strong bullish candle.
What would you do?
#Crypto .com Coin (#CRO) at interesting support...Crypto.com Coin (CRO) at interesting support...
...by 2-Day MA Ribbon and 2-Day RSI - both well respected in the past.
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
CROUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 1 - 1.3 - 1.6
after first target reached move ur stop to breakeven
cancellation of growth, consolidation below 0.5
stop: (depending of ur risk). ALWAYS follow ur RM .
riwk/reward: 1 to 8
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
CRO-USDT descending triangle set up.$CRO-USDT descending triangle set up.
Very low volatility currently, with potential expansion coming soon. (if $BTC wakes up)
Currently sitting near support at $0.54
A breakout of the diagonal downtrend line (with volume ) could see a big move to the upside targeting the previous swing highs.
#DYOR #NFA #technicalanalysis
CRO long set up#cro $cro looking for this long set up. If it can break diagonal and horizontal resistances, it could play for a nice 8:1 set up. Previous trade played out nicely and another breakout should retest green line.
Wait for confirmation
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
UPDATE: CRO UP 470% after bull signal - What Next?Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 470+% after the bullish Supertrend Ninja signal in Oct 2021. And 275% in July 2021. The Supertrend Ninja also predicted the heavy drops of April 2021 and Dec 2021.
The price is ranging, which is visible from the sideways movement. RSI is in a range as well. Although CRO got a bullish signal from my indicator Supertrend Ninja. Right now the price is in the middle of two grey blocks. Supports and Resistances are highlighted as grey blocks. Next support around 0.48 USDT. Next resistance around 0.68 USDT.
Profits can be taken at each grey block. Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.