Cryptocom
Longing SDN/USDTEver since Shiden Network (SDN) came out the token had a brief moment of upwards movement, only to fall into a bearish pump and dump pattern.
At the moment the coin is down 22% from its initial release price and over 50% from ATH (7.75$) during a very strong bull market, making this coin a strong buy.
Crypto.com's Supercharger event + listing has given SDN some exposure, the events allows it's users to farm up and coming coins with the platforms own utility token CRO.
the event will last 6 days and currently there's less than 5 days remaining. Hopefully it will gain the traction that they wanted.
Crypto.com Coin (CRO) - September 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(CROUSD 1W Chart)
If the price is maintained above the 0.08572-0.0976 range, it is expected that the uptrend will continue.
(1D chart)
Above the 0.15101 point is the high point, and if the price is maintained above this point, it is expected to rise above the 0.198-0.2123 range.
If the decline is from the 0.15101 point, it is likely to fall below the 0.1262 point, so a short-term stop loss is necessary.
You can also touch the 0.08572-0.0976 section and climb, so you should also think about how to react.
If it falls below the 0.08572 point, it is highly likely to enter the mid- to long-term investment zone, so you need to trade cautiously.
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(CROBTC 1W chart)
It is necessary to check whether there is a movement that deviates from the 200 satoshi-500 satoshi section.
If it rises above the 500 Satoshi point, it is expected to create a new wave.
However, there is a high possibility of receiving resistance due to the volume profile section formed up to the 900 Satoshi point, so you should proceed with the investment with a margin.
(1D chart)
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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 it is in an uptrend or in a downtrend, 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 regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
CRO Turns Old Resistance to SupportI adjusted the FIB slightly to compensate for the upwards price action
CRO Testing Local HighsCRO testing $0.1547 local highs for the 3rd time in 6 days. 50MA nose pointed up and we can see the Golden Cross is "on the horizon"
CRO Continues to ConsolidateCRO continues to consolidate and trade sideways which could be a good sign as an investor. Yesterday's candle was met with indecision but today's starting candle looks to be a solid green bull candle. It's still early and anything can happen within the next second
Crypto.com Coin (CRO) - August 11Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(CROUSD 1W Chart)
If the price is maintained above the 0.08572-0.0976 range, it is expected that the uptrend will continue.
(1D chart)
If the price holds above the 0.12963731 point, it is expected that the uptrend will continue.
However, it is expected that the direction will be determined again in the section 0.16234487-0.17869866.
-------------------------------------
(CROBTC 1W chart)
It remains to be seen whether the 322 satoshi-500 satoshi section can store up the upward force by going sideways.
If it falls from the 322 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
If it rises above the 500 Satoshi point, it is expected to create a new wave.
(1D chart)
We'll have to see if we can get support by going up to the 327 Satoshi-349 Satoshi section.
If it falls from the 283 satoshi point, it can touch near the 200 satoshi point, so you need to trade carefully.
It must rise above the 349 Satoshi point to continue the uptrend.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
🆓Crypto.com Coin (CRO) Aug-9 #CRO $CROCRO has conquered the $0.13 zone and is moving towards the $0.16, $0.18 and $0.21 zones. But if it loses the $0.13 zone, it will fall back to $0.11
📈BUY
🔴Buy : 0.127-0.133$. SL if B
📉SELL
🔴Sell : 0.156-0.164$. SL if A
🔴Sell : 0.176-0.184$. SL if A
🔴Sell : 0.205-0.215$. SL if A
♻️BACK-UP
🔵Sell : 0.127-0.133$ if B. SL if A
🔵Buy : 0.107-0.113$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Crypto.com Coin (CRO) - July 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(CROUSD 1W Chart)
If the price holds above the 0.08572-0.0876 range, it is expected that the uptrend will continue.
(1D chart)
If the price is maintained in the range of 0.09697975-0.12963731, it is expected that the uptrend will continue.
The 0.05763-0.07099 zone is a support zone, and if it declines in this zone, it is expected to enter the mid- to long-term investment zone.
It is important to ascend along two uptrend lines.
--------------------------------------
(CROBTC 1W chart)
If the price rises above the 500 Satoshi point and maintains the price, it is expected to create a new wave.
(1D chart)
If the price is maintained in the 349 satoshi-414 satoshi range, it is expected that the upward trend will continue.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to 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 regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
CROUSDT (Crypto.com Coin) -Coin of the Week Crypto.com Coin (CRO) is the native cryptocurrency token of the Crypto.com Chain, a decentralized, open-source blockchain created by Crypto.com, a payment, trading, and financial services firm. Crypto.com Chain is one of Crypto.com's solutions aimed at accelerating the worldwide use of cryptocurrencies as a method of enhancing personal control over money, securing user data, and ensuring users' identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
Technically, CROUSDT made a new all-time high in February at 0,2753 USDT. From February until today this coin is in a correction that started with a sharp wave down, followed by a deep correction to the upside and then another move down. If we look at the 4h timeframe we see that we are in a big consolidation phase that will probably continue to the downside. For a move to the upside to be taken into consideration we have to break the resistance area and stay above it.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
CRO vs BTCCRO Death Cross is upon us. Death Cross is a lagging indicator so we can guess what the recovery might look like
CRO Short Term OutlookI very very interested in the zone in yellow. If #BTC breaks out to the downside, I am hoping #CRO will follow suit