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CROUSD trade ideas

CRO: The DowntrendAfter a massive rally, CRO has now plummeted 50% from the top in just 9 days. Clearly, we can see that CRO is in a downtrend. The question now is, what happens next? If CRO keeps making lower lows and lower highs, then the downtrend will continue. In addition, the market is showing extreme fear and volatility. In the most recent dip, CRO has touched the same local support zone from November 18th. If this zone holds, then we may see more upside movement from here and it would be a good accumulation area. This is not financial advice. These are just my ideas and opinions.
COINBASE:CROUSD
by LA_Designer
4
Reverse Head and Shoulder Move - We finally resume the uptrend Thanks to the massive retest on the 52 cents level that then consinued to form a reverse head and shoulder, lots of technical factors point to us resuming the uptrend from here. There Also the fact that price has crossed the 60 EMA to the upside and is still at an oversold level on the stochastic are two more confirmations that we will se strong uptrend momentum from here on forward in the next several days or weeks.
COINBASE:CROUSDLong
by robbanoscars
3
CRO Coin Bearish Head & Shoulders PatternFirst time trying out TA on my own so take what I say with a massive heap of salt. Cro seems to be forming a perfect bearish H&S pattern on the 4 hour chart. We've just finished forming the right shoulder and I'm expecting a drop back down to baseline support around .50 cents where the left shoulder started. I also use the reverse MACD to get a feel for bullish/bearish momentum. A green bubble on the reverse MACD along with baby blue candles means the bears are coming out to roost. On the daily chart we closed bearish on the 25th with strengthening signs of 🌈🐻 momentum shown with a resurging baby blue candle on the RMACD along with the 4 hour closing bearish today (27th) as well. I love CRO but it's hard for me to be super bullish right now. Lemme know what you think. If I'm correct my ego will sky rocket and I'll be certain I'm a trading genius 🧠
COINBASE:CROUSDShort
by JoeRogan69
3
CRO NEXT TARGET $1.47 THEN $2-$3.5! LAST CHANCE TO BUY THE DIP!!Gem Hunter here, So what I'm seeing on the 4 hourly charts is screaming bullish. As long as we hold above the previous support of .64 we will confirm a double bottom and we can expect a 115% move upside breaking out the symmetrical triangle forming. We can go sideways for a bit before this move but I'm leaning towards a massive move upside in the next few weeks to month leading up to the staples center renaming Dec. 25th. CRO will eventually pass BNB because the marketing plan is aggressive and it isn't stopping here. Crypto.com is the fastest growing cryptocurrency exchange in the world and the easiest to navigate. You already see Crypto.com all over UFC and sports! This is only the beginning of their continuous marketing campaign. Any buy below $1 is a great price IMO. I'm all in. Staking for 13% too yes, please! The credit card deal with VISA is only the start of this takeover. Soon CRO will be a top 3 market cap coin once we overtake Binance. $3.5 is my target for CRO this cycle!
FTX:CROUSDLong
by jipnipslip
10