Will the CRO break through the downtrend lines?Hello everyone,
Let's take a look at the CRO / USDT chart on the 1D interval.
Let's start with determining the downward trend line to which the price is heading and also to the resistance at the price of $ 0.436, if we manage to break it, we can encounter further resistance at $ 0.464 and $ 0.496.
Looking the other way, it is worth drawing the support lines that we have in the event of a correction and you can see that the first is at $ 0.412, and the next at $ 0.375 and $ 0.327.
It is worth looking at the CHOP indicator which shows that the energy in the 1D interval is slowly starting to increase, which may give us some movement in the near future.