CRO long$CRO bounced off the Golden pocket area formed by Fibonacci levels. Descending trendline was also broken as well as the resistance level. Bullish movement is expected to continue and reach the resistance at 0.98$
CROPERP trade ideas
Crypto.com (CRO) important levelsCrypto.com (CRO) important levels on the 1hr chart 12/24/21:
52 week H = $.9698
52 week L = $.0560
Price levels 1hr chart:
EMA233 = $.5496
EMA144 = $.5522
EMA89 =$.5609
EMA55 =$.5756
breakout = $.6482
R3 = $.6390
R2 = $.6298
R1 = $.6207
pivot = $.6115
S1 = $.6023
S2 = $.5931
S3 = $.5840
breakdown = $.5748
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
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Trend, patterns, momentum
Newsworthy current events
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CROThese are levels that I'll be keeping an eye on when dealing with CROUSD, and I'll revise as price action progresses.
I adapt to the change in money flow.
I see a nice setup forming on this crypto from the higher perspective. I'm anticipating further movement to the downside, and looking for money flow to change hands between the $0.36 - $0.45 range.
*Indecision/bullish impulse @ $0.42
*Bear trap @ $0.48
*Liquidity (potential) between $0.36 - $0.45
* Sprinkle some fundamentals in the mix for extra seasoning 😎
Just my thought's and nothing more, nothing less. We shall see..
CRO: Crucial ZoneIf BTC reverses to the upside with strong bullish momentum, then CRO should follow. This support zone around $.48 - $.50 has held three times, which could be an optimal accumulation area.
100%+ gains from here to previous ATH at $.98. If this breaks $1 in the next few months, CRO will fly.
Bearish scenario: If CRO breaks below $.47 with a full daily close, then this idea is invalid.
This is not financial advice. These are just my ideas and opinions.
Top Alt Coin: CROCRO is an altcoin with long-term potential. Another 2x-3x is reasonable within 2022.
Fear is high in the market right now, and this is an opportunity to get a good entry on high-value projects.
My analysis is that CRO will rally leading up to the Super Bowl. Because, Crypto .com has spent millions on super-bowl advertising. Following game day, a small correction can be expected when people take some profits. Buy the rumor, sell the news situation.
Soon after that, however, the price is likely to continue rising through March during basketball season. Precisely because Crypto .com has NBA partnerships and MMA partnerships on top of that. This is a well-timed build-up of demand momentum for CRO token all throughout 2022 by following major sporting events.
Crypto.com Coin Follows Crypto SentimentLooking forward to securing very cheap CRO coins below $0.40.
$CRO longthe 4 spits now are now a floor and I see next movement is 0.67 to 0.70
CRO is buy position as long as its below $1, this will be work $5 later one so buy and hold
Cro token possible 20 percent if breakout Possible 20 to 25 percent gain to be made if market plays out .let me know
Simple if possibleGuess we would really need a few whales to step in to push us back up from this level, still possible. Simple double bottom
CRO : Support-Resistance levelsNothing much just draw from my curiosity about the future for this coin,
Since I saw their sponsors almost everywhere n everyday on FB
I think their NFT market place will grows bigger very fast because everything seems so easy in USDT and no fee at all (for sellers.)
Crypto.com coin / lots of buying opportunities this Crypto.com Coin is new which mean the buying opportunity make sense. Little bit of lucky, this can make you money and I mean lots of money. this could be like ethereum, shot up
Crypto.com Coin (CRO) at re-test after breakoutCrypto.com Coin (CRO) at re-test after breakout.
A new ATH would be conformation for leaving the old rising trend-channel 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Crypto.com CRO drawdown risk about the sameHypothesis is that the drawdown risk will diminish over time. The drawdown risk has not changed from 60% to about 50%.
$CRO READY?CRO is working its way back to the support marked and looks strong. However, if BTC drops of course everything drops with it. If BTC still abled expect to see moves from here.
3 Potential Indicators of HUGE Gainz!!1. High Demand Area - Every time price has been in this purple box area it has made BIG to moderate upward moves.
2. The biggest Parabolic upside move for CROUSD was after the bullish engulfing candle as marked. Now we could close today at another bullish engulfing candle again.. which means that we might expect similar up action to follow like last time (to a price of around USD 1.00 or above). I say that because the last time we saw a bullish engulfing candle in this high demand area in this same order - we experienced this massive parabolic up-move on 4 consecutive days - reaching a price level of 96 cents.
3. This play perfectly lines up with the stochastic RSI momentum as demonstrated, if the crossing of the blue line over the red line and then working upwards back into the zone away from "oversold" area and keeps moving up - buyers at current price may see really good profits perhaps a 2x of investment if reaching over a dollar after this potential bull run that I am expecting.
crousdtrading shall be quiet during christmas/new year holidays down trend likekly will buy on lows or if it passes certain resistance too
Market repeating an expansion The same steps as in the first example could be happening in the exact same way again a second time.
Read the boxes.
Crypto.com Coin (CRO) - December 9Hello?
Welcome, traders.
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Have a nice day.
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(CROUSD 1W Chart)
Above the 0.15101-0.198 section: The uptrend is expected to continue.
If it falls below the 0.377 point, it could fall near the 0.198 point, so trade cautiously.
Therefore, if it falls in the 0.49699096-0.55587072 section, a short-term stop loss is required.
A strong support zone is likely to form near the 0.377 point, so you should think about how to deal with it.
in the short term
First resistance section: near the 0.73251 point
Second resistance section: 0.90914928-0.96802904
First support section: near point 0.37923144
Second support section: 0.20259216-0.26147192
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(CROBTC 1W chart)
Above 500 Satoshi Point: Expected to continue upward trend
Over 900 Satoshi points: Expected 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.)
---------------------------------
CRO, marketing, debt services and the future. CRO is showing a lot of strength. Continued momentum upward. Short traders are being cut down at almost every timeframe.
In the eyes of the every day consumer,
Crypto.com has formed a strong name for itself through professional marketing and real world application using crypto and debit card service integration. Since adding well known actors as spokesmen and displaying their name on iconic venues, Crypto.com is becoming a very VERY visible currency.
In the eyes of the investor,
CRO is being compared to BNB (the binance exchange coin) based on the creator being an exchange (crypto.com). If traders also begin to draw this comparison than they will see that BNB went from ~20$ to ~400$ over the past couple years and CRO will have a long ride up before it finds resistance.
The chart I've shown here is really just a guess at a bullish scenario. Pointing out a few resistance and support markers along the way.
Trade safely and enjoy the holidays everyone.
price at crossroads, dictated by margin buying/selling pressureCRO price is in an interesting spot. seems to be heavily influenced by leveraged traders, sticking to these levels like glue.
while it appears to be breaking out above the downtrend line, i'm still leaning short here with the confluence of 3x shorts ramping up, 4x longs off the table, and potential resistance retesting the prior bull channel.
a breakout above $0.65 would be tempting to buy.
CRO Crypto.com target reached. Consolidation areaCRO has perfectly reached the price target area:
Now it is in a consolidation mode.
I would range that area from 0.50 to 0.68usd.
Looking forward to read your opinion about it.
LOOKS LIKE CRO IS TESTING THE SUPPORT If Bitcoin doesn't surprise us with the bull trap I only see one direction after this ......
