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CROUSDT trade ideas

Long CRO/USDT. Descending wedge breakout CRO broke out of a daily descending wedge pattern after bouncing off strong support at 0.3197 level. Descending wedge patterns are one of my favourite chart patterns as there is a strong push when they do breakout. 0.3197 has been an area of demand for CRO as it has been tested a few times previously but did not break. There is also support at 0.4 area (both a psychological level and support line), and I would like to see it hold before it continues up. If it does not, there could be a possible retest of the breakout area which is the trend line before we see more buyers come in. I would like to see CRO break above 21EMA with VOLUME when it does go up, a strong indicator that there would be more possible upside.
Long
by Chartpatternz
2
CROUSDT is testing the 4h resistanceThe price retested the key level on the 0.35$ and create a double bottom on the 4h timeframe (lower chart) Now the price is creating the higher lows and it's testing the 4h resistance. How to approach? If the price is going to have a breakout from the 4h resistance and daily resistance, we could see a bullish impulse until the 0.5 Fibonacci level (0.65$) According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
12
CRO/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick CRO/USDT analysis update I have tried my best to bring the best possible outcome in this chart. Reason of trade:-CRO/USDT is a triangle pattern create and buy the dip green zone Entry:- CMP And buy the dip in the green zone Target:- 30% TO 40% Stop loss:- $0.40 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
1
CRO - Rebound Will Now be Tested Breakout and continuation of the Rebound? Or Rejection and more trouble? CRO has failed to excite us further but remains a serious player in the industry. Analysis: Crypto.com Coins (CRO) has dark clouds forming on its horizon as CRO price development is set for a bearish breakout on the pennant it is forming at the moment. As the price will nosedive, expect bears to have an easy ride before running into bulls that will start to buy into CRO price action. With that, CRO will lose around 20% of its value and will hit $0.31 before being halted by broad buying from bulls and investors. CRO price is awaiting bulls for a pick-up Crypto.com Coin is entering its fourth consecutive day in the consolidation of the pennant. As price action looks set to break the pennant, a lower stage is set as the outcome of the pennant. Bears already have their hand in the price action with the rejection of CRO price at the monthly S1 support level at $0.43. Not only the S1 but the 76.4% Fibonacci level and a historical level all fall in line around that area, making it an adamant level to punch through. Yes, a lot will depend on Bitcoin as well as the markets: Should US markets see a significant shift toward risk with indices firmly in the green, expect a possible break and pop with the tone set for next week towards $0.50. One Love, the FXPROFESSOR
by FX_Professor
CRO daily chart still intact?CRO (Crypto.com) daily chart still looking intact? Im staying Nuetral at the moment bc its charting a bear pennant but the RSI had hit the very bottom, and the DeMark 9 Indicator aslo is reading it hit the very bottom which is a 80% probablilty, that Bars Pattern you see would be what it looks like if the same bull run it has had in the past would repeat again. look how it matched exaclty up where the DeMark showed that its ready to move upward. the price targets are shown on the right side above the current price, supports are listed on the right below the current price. Im actually leaning more bullish than bearish...I see us begin to move upward from now to the next 4 wweks for a bull run..
by bylerzone
Bullish play is still on 📊Let see where it wanna go Target 1,05 is still in play and thats around +200 % gain from the 0,31 mark. remember we are in the bear market even thu some are still technical to the upside ( like CRO ) But it all depends on how the market will react. If the course stays over 0,31 the bull are still in play , if we break that we can see a down side on -25 % to the 0,20 mark ( biggest CRO support ) and that means we are in a bear market with CRO aswell. Lets find out where is gonna go to in the next couple of mouths ( stay alert to the overall market aswell since they are in charge atm )
by SimpleinvestMarttin