Cronos longCronos broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 0.1743 is possible.
CROUSD trade ideas
CRO re-test and ready to enter in the buy zoneI'm seeing a retest by CRO but a good opportunity to buy lower.
I'm still long but I'll DCA around $0.1320
CRO re-testing the support line before breaking itCRO has the opportunity to stay in the uptrend if it doesn't;t break the support line, otherwise it will need more time before to break the possible ascending triangle.
$CRO spot buy 15th of july at 0.1227As I mentioned in my $ALGO spot buy, the 50 MA also crossed the 200 MA what could lead to a bullish sentiment. At the right side of the chart you see the VWAP indicator. The big candles stands for the volume at that price range, at that price range I searched for S/R levels.
If we flip the first higher low (green cup drawing) I believe the uptrend will follow up, TP's are in the chart.
If you have any tips or feedback let me know pls!
Enjoy your evening!
CRONOS longSymmetrical triangle on CRONOS chart is broken up. Bullish movement to resistance level at 0.175 is expected to happen.
Cronos: let´s go!Cronos is making gains lately and with having reached the indicated target zones, direct increases are more than possible. However, until the price is not above $0.3463, the course has the potential to reach lower levels within the blue target zone, before exploding up north.
long CROReversed Head and Shoulders pattern has been formed on the $CRO chart. The neckline is now being tested and bullish movement is expected to continue and reach the resistance level at 0,16$
CRO following prior path along long term support lines. Hello you beautiful trader you!
Copied the Elliot wave forward and outlined some long term channels. Excess bleeds to either side, but here's to hopium eh?!
This is until crypto either depegs from the US Stock Market or BTC finds a functional bottom.
All set to hit .175?Its oversold and like to come back to test .17 previous high. Good swing trading setup at this point for a quick 5 points.
CRO Long TermBuy Everything Below 0.1$
First Target - 0.575$ - 0.655$
Second Target - 2$ - 2.5$
Third Target - 5.5$ - 6.5$
CRO - Gaussian Upper BandCROUSD chart on left, CROBTC chart on right
The USD pair can be seen to be touching the top of the channel, this provides a possible bounce and recovery point
While the BTC pair has poised itself right in the middle of a seemingly triangle structure, which has some fair supports (shown in the green box and along the white line)
Cronos longCronos broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 0.203 is possible.
Cronos BullishLet's see if crofam can brake 0'20 resistance! If Bitcoin stay calm Cronos could see a 10-15% increase!
short CRO$CRO is bouncing off the Fibonacci 0.5 retracement zone which is also in line with the resistance level. Bearish movement is expected to continue and reach the support level at 0,175$
Cronos longCronos broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.236 is expected to happen.
short CRO$CRO broke through the ascending trendline. Bearish trend is expected to continue and reach the support level at 0,1913$
CRO the beginning of the end.CRO as many other PoS cryptos are now finding out; has a bear market burning rate issue. PoS is a return to the old central bank dilemma. You hold for more tokens/currency you burn for the advantages it provides. Without scarcity in times of Stag-Flation these tokens are best positioned to make ATL's. The problem with them from here is that banks are still getting money from the Central Banks and insurance protections. Crypto PoW used to be the biggest threat to banking due to scarcity but PoS now poses a threat that can be countered. I expect 98% of PoS tokens to face legal issues come 2023 due to the Infrastructure bill provisions which protect PoW (No Ethereum is not going PoS untill legal gets cleared. Anyone selling you its a update need is lying. Refer to the infrastructure bill to understand. Vitalik is smart, going PoS before the bill changes would be death.) and make it very easy for prosecurtors to go after PoS for a multitude of compliance challenges that border on the un-feasible.
CROUSD Is it replicating Bitcoin's 2018 Cycle?Cronos (CROUSD) has fallen more than -68% since its March 28 High and is currently consolidating after a rebound on oversold 1D RSI. Being in a Bear Cycle since the November 23 2021 High, this pattern resembles Bitcoin's 2018 Bear Cycle. Notice the similarities.
Following their blow-off tops and the initial drop that followed, both have consolidated within a Descending Triangle of Lower Highs and when the Support broke, they went into 1D RSI oversold (below 30.00) area. Bitcoin bottomed higher on a -63% drop, marginally breaking the 1.5 Fibonacci extension. Cronos has so far marginally broken the 1.618 Fib ext on its recent low.
Is it repeating Bitcoin's 2018 Bear Cycle and if so can this be the bottom?
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CRO/USD Channel & Bounce If Crypto.com don't create any more mishap news, we might possibly see this fractal come to fruition for CRO price in the next coming weeks. Green Dot in the early phases of forming(historically great on the weekly), the VWAP beginning to 180 and also CRO performed well during last years BEAR market activity. I've begun D.C.A buys for long term holds in anticipation of a fakeout below the channel due to BTC or ETH volatility. I'm sure heaps of people are watching this channel too.
Typical pattern Looking for longs but waiting on further lows.
Typical pattern happening here. if we don't get a break we wait.
If it breaks wait for a stop hunt high. I don't see this happing but we will watch.
Also major potential for longer term consolidation from here.
IT ONLY TOOK 5 MONTHS TO GET HERE - CRYPTO.COM ANALYSISNext up on the list of coins to swoop is CRO/USDT
In our previous analysis we predicted the drop down from just under a dollar and identified our current level as a possible bottom for CRO as shown below;
Only took us 5 months but we got here lol.
Following a zig-zag correction currently, in theory, wave C of this pattern should be 61.8%, 100%, or 123.6% of wave A. If it extends to 161.8% then we can expect Wave C to be a wave 3 of a 5-way impulse move (this is why we should apply proper risk management).
Price has currently retraced 100% of Wave A and we'll be hoping it doesn't go beyond our possibble bottom zone aligned with the 123.6 fib support level.
Our targets provided we don't drop to the 161.8% fib support will range from $1.85-$3.6 dollars before a top is in.
Past analysis linked below.
If you agree, pls leave a like, share and comment your thoughts below.
As always, feedback is appreciated!
CRONot Financial advice.
could see a potential retrace on cro here - then long as price action looks stron, the next upside targets are shown.
