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
Cryptocom
Crypto.com Coin (CRO) - May 27Hello?
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(CROUSD 1W chart)
(1D chart)
We need to see if we can get support at 0.125158475-0.138123901 and get off the downtrend line.
It is important to gain support at 0.125158475-0.138123901 in order to turn to an uptrend.
If it falls, you can touch the interval between 0.055408632-0.081357914, so you need to trade carefully.
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(CROBTC 1W chart)
(1D chart)
We must watch for any movement that deviates from the 299 Satoshi-337 Satoshi section.
If support is gained in the 337 Satoshi-357 Satoshi section, it is expected to turn upward.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
CRYPTOCOMFast trade. Demand Zone is now for a Quick 20%.
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Buy now.
TP1 : before 0.18$ (Security TP)
TP2 : before 0.25$ ( Only buy if it breaks 0.19$ )
TP3 : Before 0.30$ ( Only buy if it breaks 0.255$ )
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Always check BTC movements to stay safe!
Happy Tr4Ding !
CRO:USD Uptrend Held BeautifullyAs you might have read from the title, the uptrend is clearly visible and it was held beautifully even during the recent selloff.
There is resistance at 0.24 that needs to be broken for further upside and then we have the upper trendline of this uptrend.
If we perhaps break to the downside then we have the following targets: 0.173, 0.165, and 0.15(ish).
We must see how the market turns in the near future and prepare our plans accordingly.
(not trading advice, I'm not your financial advisor, do your own due diligence)
CRO Continuation After almost a Month of reaccumulation CRO looking like it wants to continue the uptrend i mentioned in the last post. Once again CRO looking very bullish on the higher time frames, this time not only on the CROUSD Chart but also on CROBTC Chart.
On the 1d Chart CROUSD shows triple hidden bullish divergence on the MACD Histogram and classic hidden bullish divergence on the RSI which would imply that the uptrend will continue. The next real resistance is at 0.253 and right after that the 1.618 fib extension from the 2020 ATH to the Low from January 2021 at 0.28$ which most likely lead to some profit taking and will not be easy to break.
On the 2d CROUSD showing potential hidden bullish divergence on the MACD Histogram and the RSI pivoting of the 60 level which is also bullish and a sign of strength. The bullish engulfing candle that will print in a couple of minutes, could act as the start signal for a new rally to higher prices.
On the 3d CROUSD it could be argued it's also showing hidden bullish divergence on the RSI and gaining on positive Momentum on the MACD Histogram again.
The 2d CROBTC chart is lookin insanely bullish. Today it will close with a massive bullish engulfing candle. In a couple Days we will probably see the 20EMA cross above the 50EMA for the first time since October 2020. On the 1d CRO gonna have a golden cross and all the major moving averages will finally cross above the 200SMA also since the s**tstorm back in October 2020.
I don't even want to start talking about a common FIbonacci Retrace on the CROBTC chart because it would imply a move between 80% for the 0.382 Fib and a 170% move till it would reach the .618 Fib.
Let's see how this plays out :)
Binance Coin $BNBUSDT PT 700 and higher Binance Coin’s Surge Elevates Token to Ranks of Crypto Titans
Binance Coin has strengthened its position as one of the world’s largest cryptocurrencies after an 18% rally in the past 24 hours knocked back its rivals for the third spot behind Bitcoin and Ether.
Issued by the world’s largest crypto exchange, the digital coin commonly known as BNB now has a market capitalization of $89.4 billion, according to CoinMarketCap.com. That makes it the third-most valuable cryptocurrency behind Bitcoin at $1.1 trillion and Ether at $246 billion. The token has traded places with Tether and other coins for weeks, underscoring BNB’s increasing importance in the crypto ecosystem.
Coinbase Global Inc.’s public debut this week is one reason for the recent jump. Digital coins of other cryptocurrency exchanges have been on a tear as well, with coin of exchange Uniswap up 12% in the past 24 hours, and the token of FTX exchange up nearly 6%. Coinbase, the largest U.S. crypto exchange, will be the first major cryptocurrency company go to public with an estimated valuation of about $100 billion.
Cryptocom to 0.5$So don't forget this is just a forecast and everything can happen with young projects, they are not big in marketcap and strongly drived by the King.
if BTC up they grow soon or later, if BTC down they dip. FA is alsd very important, if the project team management make good announces, project will be good, if they do shits, we rekt with them.
That said, Cryptocom Project started very good, their visa system is nice, after that they made some mistakes like cut rewards and APY by 50%, it caused a big depression, after that they decided to burn 70 Billons CRO, partnered with Aston Martin F1 for promote CDC, so it started to rush again. This project is still very young and time will speak, but like i said many times, don't forget they have CRYPTO.COM domain name, and this is an huge advantage.
Trading parts :
TP1 0.4$
TP2 0.50++$
Be safe and invest wisely.
Happy Tr4Ding !
CRO - This looks good. Parabolic price movement!Here's a quick look at CRO 4 hr chart. This look very bullish. The price movement Is parabolic atm, and this could explode hard. If 0.2$ level breaks, I don't see anything stopping it, besides BTC crashing.
The idea is: Buy the breakout from the level shown in the chart. Take profits at the level shown in the chart.
Targets:
1. 0.22$
2. 0.24$
3. 0.27$
Follow me for daily trading setups - Telegram group will be available soon
BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!
Whistle blowing on Crypto.comFrom an speculative perspective on price, this is a bullish post.
From a speculative perspective on the longevity of Crypto.com as a functioning company, this is hard news.
First off, This post does not go against any community guidelines so please do not remove this post. Everything described is factual.
I shared this information on the Crypto.com subreddit and the post was removed three times before I was permanently banned.
Others then went on to share this information and were also banned.
I have been a long-term customer of Crypto.com and currently hold the Rose Gold visa card.
What's happening?
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The primary reason that the MCO token was deprecated was because it was created with a supply that would not support the longevity of cashback and interest earned on cards. This is one of the fundamental reasons that CRO "made sense."
Recently, Crypto.com committed to burning all but 5.9bn CRO to be used for "mainnet block rewards for Chain validators and delegators which helps secure the network."
With growing adoption and ridiculous rewards (compounding rewards for everyone), CRO is being dished out at an incredible rate to users.
Now that Crypto.com have burned all of their reserves to decentralize the currency, there is not a sustainable source to continue these rewards which are the primary function of this service.
I alone am earning 600CRO/ week from earn and around 100CRO/ week in rewards compounding... that's at least 36k CRO a year.
Let's just say for arguments sake that across the board, (remember black card holders as well), the average user earns 15k CRO a year in total rewards.
There are currently 10m users which is a rate of 150bn CRO per year in card and cashback rewards.
If you're really bad at basic maths, I can make it even more clear.
The base of users will definitely earn around 1k CRO a year - that's hardly anything.
We know there are more than 10m users based on figures provided by Crypto.com.
That means 10bn CRO a year are being rewarded in a scenario that we can all agree is an absolute.
We are in a situation where there are only 5.9bn CRO allocated to "mainnet block rewards", so we don't even know that these will be used for cashback and rewards. Apart from that, there will be no more CRO available to provide rewards to cardholders.
What does this mean for Crypto.com?
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We have approximately six months until CRO available for rewards are completely depleted in the best-case scenario.
If we use likely estimates, there appears to only be enough supply available to last until the Mainnet launch at the end of this month, so there are some major changes to come for Crypto.com users and investors.
The one thing that makes this system work is the fact that these cards have better rewards than competition.
How can this continue if there are no rewards at all?!
Once supply is gone, Crypto.com is not going to be able to provide rewards to users in the form of CRO.
We can only assume that they have another plan.
What does this mean for CRO Investors?
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Supply is running out! Hurrah!
We can only assume that the burn by Crypto.com was their last hurrah to drive up the price and get rid of personal holdings before initiating their next plan...
Or is this their exit strategy?
Regardless, CRO is going to go up in price at an incredible rate until we know what is going to happen at Mainnet.
If anything, this is a race to cash out at the top.
Good luck to all.
💡Don't miss the great buy opportunity in CROUSDT @cryptocomTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.1550).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CROUSDT is in an uptrend, and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.1800
TP2= @ 0.1990
TP3= @ 0.2160
TP4= @ 0.2500
TP5= @ 0.2700
SL= Break below S2
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Crypto.com, CRO Bullish Breakout Like most #ALTS Crypto.com's token, CRO trending up nicely after breakout from the inverted head and shoulders pattern.
Buying near bottom and staking to get the crypto card would be double rewarding.
Staking at 10% p.a. with lock-up period of 6 months.
Follow this link for more details: crypto.com
CRO USD- trend updatePossible levels of support and resistance as well as potential breakout and breakdown levels.
It allows identify the most powerful areas from which price can turn and to get more accurate trading signal.
The first wave of the trend has passed and the correction has clearly begun.
VERY BULLISH ! ! !
The CRO's LIVERMORE SPECULATIVE CHARTWhile everyone is hatin' on CRO and super bearish even saying cro is dead, I decide to bet against the contrarian.. I think right now CRO is pulling the "Livermore Speculative" pattern.. it may or may not be the bottom, regardless I think strong upside will happen again pretty soon!
img:
jstradingnotes.files.wordpress.com
#CRO vs #SXP Price Tracking#CRO vs #SXP Price Tracking
$SXP DUMPED MORE Silently then #CRO, as per its short life Vs price manipulation
HUOBI:CROUSDT
BINANCE:SXPUSDT
CryptoCom This coin gonna come back when everyone was in dispair after his crash. just look at Volumes bars.
And they have also one big advantage that others Exchanges don't have... the name Crypto.com ..... when noobs new buyers will arrive, they will not google "Binance"... but google : "Buy Crypto"!... and the first one they will see is "Crypto.com"!
Easy Trade :
TP1 = 0.095$ (Daily EMA50)
TP2 = 0.11$
TP2 = 0.14$
Happy Tr4Ding !