Crypto.com - Simply Bullish? (Small update v4)Not investment/trading advice.
It was requested I updated my TA. Can't provide a whole lot of information..
but the ride with CRO has been great!
We have seen a great bullish trend, following the blue bull trend line which has proved to be strong.
However it has been broken a few times. Just recently dipping below the bull trend line finding some support above the red zone.
The trend still remains intact at the time of writing. Continuing to put in higher lows from the previous break.
I went ahead and marked the two main dips to show the higher lows being displayed. (yellow)
This does not mean the trend cant break at any time. With stronger volatility being shown as we near closer to mainnet launch.
2 zones were added.
Green target zone
Yellow caution zone.
Red bearish zone extended beneath.
Additionally a ghost line at the highs & ghost circles at the short term lower lows cluster.
I remain bullish long term, however at this point be extremely careful when trading.
If you like my chart, please show some support or leave a thumbs up.
Thanks!
