CRO $CRO / USD current outlookCRO is consolidating and forming a symmetrical triangle. I'm very bullish and expecting higher.
CROUSD trade ideas
CRO: Tightening Below Key Resistance (BULLISH)🚀📉Today, let's explore the exciting developments on the CRO chart, where a recent breakout from a falling wedge pattern has set the stage for potential upward momentum. The coin is now consolidating beneath a critical resistance level, teasing the possibility of a decisive breakthrough. Here's a closer look at the current scenario and what to anticipate next. 📊🚀
Analyzing CRO Chart: From Falling Wedge Breakout to Key Resistance Battle
Falling Wedge Breakout:
Pattern Formation: CRO recently experienced a breakout from a falling wedge pattern, a bullish sign that often precedes upward movements.
Momentum Shift: The breakout signaled a shift in market sentiment, hinting at potential bullish momentum.
Consolidation Beneath Key Resistance:
Critical Level: CRO is currently consolidating beneath a key resistance level, a crucial zone that traders are closely monitoring.
Accumulation Phase: The consolidation suggests an accumulation phase as the coin prepares for a significant price move.
Gearing Up for the Challenge:
Potential Breakthrough: Traders and investors are eyeing the possibility of CRO challenging and breaking through the highlighted resistance.
Volume Analysis: Confirming the breakout with a surge in trading volume would add weight to the bullish case.
Trading Strategy Considerations:
Confirmation Signals:
Wait for Confirmation: Prudent traders may consider entering positions after a confirmed breakout and retest of the resistance turned support.
Volume Validation: Verify the move with robust volume, indicating substantial market participation.
Risk Management:
Stop-Loss Placement: Implement effective risk management strategies, including well-placed stop-loss orders, to protect positions.
Monitoring Key Levels: Keep a close eye on key support and resistance levels for potential trend reversals.
Price Outlook:
Optimistic Scenario: A successful breakout could pave the way for a sustained upward trend, with potential price targets in focus.
Conclusion:
CRO's journey from a falling wedge breakout to the current consolidation beneath key resistance presents an intriguing narrative. Traders should exercise patience, await confirmation signals, and stay vigilant as the coin gears up for a potential breakthrough.
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Crypto.com CROUSD Deep Crab Daily > T1Crypto.com CROUSD Deep Crab Daily > T1
Ready to pop above .10 to T1 @ .31
Oh, Say Can You See?Bull Flag or Falling Wedge? Looks like the final step of the ABCDE correction has yet to happen. I expect a bounce off support and then off to our targets.
*Not financial advice, trade at your own risk.
cro to zerosee chart. not financial advice.
this thing is probably going to zero and you dont want to be the last person holding it as market manipulators are left to play with it
Cro breakout of triangle soonCro is looking bullish with the following confluences:
Bullish symmetrical triangle pattern playing out
Oversold on the daily STOCH RSI and heading towards oversold on the 4H
Bounce off the 382 fib retrace
Bounce off 50EMA on the 4H
Blue Chip Alts: CRONOSI can clearly count 5 waves down, including an extended 5th wave. Following this, price printed a clear Market Structure Shift.
I have marked anywhere from the 0.79 fibonacci to the swing lows as a clean buy area for the bullrun.
Will be 1 of 2 "blue chip altcoins" allocations in my portfolio.
Emphasis on the word ALTS. Cronos is not a bluechip. But in the altcoin world, I'd consider it a heavyweight with a good business model, and room to run to $0.60 USD at minimum
Clear choice for the next bullrun, imho.
#notfinancialadvice #ever
CRO (Crypto.com) Strength Steadily RisingCharting shows, the strength is consistent across each of the different time frames.
Day traders, seem to be enjoying and taking advantage (rightfully), of the swings happening with CRO lately.
Respectively, the RSI is showing that along with the MA, this token is healthy in growth and has a tremendous future.
DUBAI AWARDS CRYPTO.COM SUBSIDIARY KEY VIRTUAL ASSET LICENSEDUBAI AWARDS CRYPTO.COM SUBSIDIARY KEY VIRTUAL ASSET LICENSE
Crypto.com’s Dubai subsidiary, CRO DAX Middle East FZE, has received a provisional license from Dubai’s Virtual Assets Regulatory Authority.
Upon receiving operational clearance for its VASP license, Crypto.com will offer a full range of services.
The interim license allows Crypto.com to establish Dubai as its regional hub for the Middle East and North Africa.
In a crucial milestone towards promoting its position as a worldwide center for the virtual asset industry, Dubai’s regulatory body has awarded a provisional license to Crypto.com’s Dubai subsidiary, CRO DAX Middle East FZE. Subject to regulatory and operational clearance, a Reuters article claims that this would enable Crypto.com to provide services to individual and institutional clients, including cryptocurrency trading, brokering, investing, and borrowing.
In a major regulatory step forward, Crypto.com’s Dubai subsidiary CRO DAX Middle East FZE has been granted a provisional license by Dubai’s Virtual Assets Regulatory Authority (VARA). Crypto.com will be able to provide a full range of services to the market’s retail and institutional investors once it receives operational clearance for its Virtual Assets Service Provider (VASP) license.
Despite the presence of the Dubai International Financial Centre, the regulatory approval comes as Dubai strives to become a key worldwide hub for the virtual asset industry.
Meanwhile, CEO Kris Marszalek, presenting the update, showed confidence in Dubai’s regulatory structure. He lauded Dubai’s status as a pioneering cryptocurrency market, noting that it has pioneered both the development of sensible rules and the promotion of widespread use and innovation in the field.
In 2022, Crypto.com, which serves over 80 million clients worldwide, followed the rising trend of major industry players picking the Gulf city-state of Dubai as its regional base for the Middle East and North Africa.
This interim license allows Crypto.com to use Dubai as its regional base in the Middle East and North Africa, allowing the company to take advantage of its rapidly growing virtual asset industry. Once the license is active, Crypto.com will be able to provide a variety of services to meet the demands of both individual and institutional investors.
Market analysts agree that this is a calculated step that will help Dubai achieve its goals of becoming a leader in developing sensible crypto regulations and promoting an ecosystem that is receptive to new ideas and widespread acceptance. As a result, significant players in the sector are flocking to the Gulf city-state to be a part of its economic diversification efforts as the city-state becomes a worldwide leader in virtual assets.
CROUSDToday everything is clear. Crypto.com is declined. I dont know why there are no news. f you want to trade, everything is so slowly, it is imposible to trade. Tokens disapeared from account. Now is clear why TRB is growing. There are nk on the market coina from crypto.com. They are manipulating with market. All coins and money disapeared from account, it means ut is the end of crypto.com.
CROUSD kind of neutralHi everyone!
Lets have a look at CROUSD chart on 4h.
CROUSD has been forming a neutral pattern, but it may be a time for a decision soon. We are waiting for a break out.
Enter long position if the price breaks to the upsite.
If we get a breakdown, entering short will be justified.
Targets you can see on the chart.
Goodluck
CRO/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this CRO/USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Cronos (CRO) continued to move away from a recent three-month low on Friday, after rising for a second straight session.
After trading at a bottom of 0.05072 on Thursday, CRO/USD surged to a peak of 0.05291 earlier in the day.
This move comes as Cronos bulls managed to avoid a full breakout below a support point at 0.0495.
One reason for this was the stability of the support point of 34.00 on the relative strength index (RSI).
the index is now tracking at 49.60, with the next point of resistance around 52.00.
In the event that price strength climbs beyond this point, CRO will most likely be trading around 0.05500.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CRO Long Term Just looking at some monthly charts
CRO one last round maybe? thing of the future? thing of the past? DYOR on this one
1-3 years - regulations adoption etc next bull maybe
✴️ Cronos Likely To Start Growing Soon (Buy & Hold Strategy)What we have here on the Cronos chart is a big picture.
This big picture gives a clear perspective of what is coming later down the road.
While zooming in can produce doubt, down or up, zooming out reveals everything...
This is a very strong bullish divergence; CROUSD vs MACD
And then we have this November 2022 low/support.
I don't know what will happen within 3 days but within 10 we get growth.
That's why I sum up my entire strategy into an easy "buy and hold".
Namaste.
✴️ Cronos Hits A New All-Time Low (20X Possible?)Cronos is trading near All-Time Lows and we have a mixture of signals.
Currently prices trade above EMA10 and EMA21, which opens the door for short-term bullish potential.
We also have the cup pattern which is a bottom formation. This too points at a reversal.
✔️ If prices stay above the 10-June low, the bullish potential is really strong.
✔️ If this level fails watch-out, as Cronos can fish for a new low but this is less likely at this point.
Looking at the bigger picture, when we hit bottom it is wise to think long-term... Consider the main chart above.
Can Cronos grow by 20X on the next bull-market?
Namaste.
CROUSD - Nice pump, time for downCROUSD got some fundamental news and pumped nicely, here is what the consolidation could look like.
cro crousd crousdt rising wedge Looking at cro as in the Day time we have a rising wedge. also a possible adam and eve that will take us to a measured move.
CROUSD breaking out right - very bullishCROUSD is breaking out as we're creating this publication.
The key resistance of the downtrend has been broken and now the price can pump higher.
MACD looks good. We can observe increasing bullish momentum.
160 % upside potential
Take profit levels are shown on the chart
Good luck!
Cronos: Getting Up with The Chickens…? 🐔⏰Getting up with the chickens obviously isn’t really Cronos’s scene. The altcoin is lolling on top of its magenta-colored bed and seems to find it hard to rise and shine. However, we expect our crypto-friend to do exactly this! Cronos should get up from the magenta-colored zone and climb above the resistance at $0.0887, pushing itself upwards from there to finish wave 3 in green. After the moderate counter movement of wave 4 in green, which should also remain above $0.0887, the altcoin should clamber higher still. There is a 33% chance, though, that Cronos could topple off its magenta-colored bed and slip below the support at $0.0542 to develop a new low in the form of wave alt.2 in turquoise.
Cronos in a bull trend, long it after the small dipI think that this is going to go long! there is a golden cross a little bit before the trend, so the trend switched to an bullish trend, i am almost sure that it will continue to the trend, i just dont know untill where
CROUSD - Oversold - Small PumpOn the 1h timeframe chart of Cronos (CROSUSD), we can see that the price is oversold.
The indicators used are the Bollinger Bands, Relative Strength Index and Stochastics. All three indicators are identifying the same oversold condition.
The price is approaching a support zone. Previously this support zone was strong resistance. So it's likely that the price is going to be supported. In combination with the oversold condition, it's a double confirmation for the price to increase.
All further details are shown on the chart.
Goodluck!
Cronos correction is over! Accumulation phase in process!Cronos chart shows us a Dogie with volumes! I made some wave model and We can see a clear spring/fake out! All this is indicative to concider a lazy growing cicle!
