CROUSDT trade ideas
CRO update Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
CROAccording to weakly time frame $CRO is about to lose 50% of it's value. I'm starting to accumulate now at 0.4 all the way down to 0.25
tarets are $1 - $2 - $ 2.4
Good luck
Harmonic pattern $CROi used ABCD pattern for this and i know that's just the start for it if it didn't break the C of course
CROUSD (1H) Bullish reversalHi Traders
CROUSD (1H Timeframe)
Waiting for the upward break of 0.496 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.424 would cancel the bullish scenario.
Trade details
Entry: 0.496
Stop loss: 0.424
Take profit 1: 0.540
Take profit 2: 0.610
Score: 4
Strategy: Bullish reversal
CRO long setup- Multi-month downtrend
- Price seems to have bottomed out
- Broke 50EMA (as in late december)
- MACD curling up ( " " " " " " ")
- MACD histogram green (" " " " " " )
Looking for either support found at the 50 EMA or a clean breakout + retest of the 100 EMA (purple)
However, since we're in a clear downtrend for CRO it is also likely that we'll see a rejection from the 100 EMA and a further move down. Despite this very strong bullish candle.
What would you do?
CRO ( Wait for The breakout )CRO has been on a down trend for 2 months , no room is left we'll see a big move in the coming days .
CRO is Approaching in its Buying Zone The Back Ground and Psychological Level of 0.40$
After making the high of 0.9550, the bulls of CRO gave up; in its deep correction, the first leg down was 33.50%, while in a second attempt, it lost more than this. But When it shed 50% from its all-time high, we see a decent bounce back to 0.48 to 0.68, which is almost a gain of 40 percent from the current price. Now in its third leg down, it is trading near the strong support zone and a psychological level of 0.40. It also becomes almost 40% correction from the 0.68 to 0.40 level.
Point:
A decent buying interest lies in the support zone marked on the chart, a dip below 0.40 will attract many buyers, and this will be an opportunity that CRO traders will not want to miss out. A psychological and important level that is hard to break. While on the upper side, 0.50 is a resistance tested two times and was failed on its third attempt.
Pay Attention
It will be a good buying opportunity when the price visits the 0.40 level but pay close attention to the daily close; it should not breach the lower level.
Risk / Reward and Holding Period
Hold it at least for two quarters; I expect it above 1$ at the end of Jun2022.
It is not financial advice; always do your research.
Please, feel free to ask your question; write it in the comments below, and I will answer.
Crypto.com Chain ($CRO) FIBCrypto.com Chain ($CRO) FIB: $CRO DTF testing $0.4420 FIB support 5 times in 10 days. Oscillators suggest that this FIB won't hold and that a re-test of the BB LB is in order
CRO 🕊 updatehere are a few cro targets i got for now.. iif we push up, we could see more downside as well.
make sure to DYOR and follow proper risk management. and stay green
CROUSDT is testing the dynamic resistanceThe market is testing an important supply zone as you can see on the daily timeframe. (the upper chart).
On the 4h Timeframe (lower chart) the price had a breakout from the triangle after a false breakout but got a rejection from the previous support now new resistance.
Now the price is testing the dynamic resistance around 0.5$ and static 4h resistance.
How we can approach this scenario?
We'd like to see a clear breakout from the dynamic resistance and retest the previous resistance as new support.
0.55$ could be a safe place to apply our strategies and open a new long position.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
The CRO is struggling to get out of the relegation channelThe CRO makes a top exit from the Relegation Channel, which allows him to attempt an attack for $ 0.49 along with 0.236 Fib Retracement. However, the $ 0.454 support line is still an important point.
Simple but smartHi guys
We hit the roof of the canal. If we react to the ceiling, the price is likely to fall.
Buying only makes sense if the channel ceiling is broken upwards and the channel price is high
Do not care about shadows
If you liked this analysis, please like and follow 🙏
CRO price predictionI expect CRO to keep shooting up no Matter the crypto weather condition..
CRO is the native token of crypto.com
One of the major exchanges in the industry
Crypto.com Chain ($CRO) FIBCrypto.com Chain ($CRO) FIB: Things don't always go my way but all 3 $CRO buy targets of $0.44, $0.435 and $0.43 were met. Super awesome happy way to start the week. Am I done buying $CRO? NOPE! I will aim for a little lower this time. $0.425 to $0.41
CRO (Crypto.com Coin) Token Analysis 28/07/2021Fundamental Analysis:
Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.
CRO went live in November-December 2018.
CRO blockchain is mainly focused on providing utility to the users of Crypto.com’s payment, trading and financial services solutions.
CRO owners can stake their coins on the Crypto.com Chain to act as a validator and earn fees for processing transactions on the network. Additionally, CRO coins can be used to settle transaction fees on the Crypto.com Chain.
Within the framework of the Crypto.com Pay payments app, users can get cashback of up to 20% by paying merchants in CRO and up to 10% by purchasing gift cards and making peer-to-peer transfers to other users.
When it comes to trading use cases, the Crypto.com App allows users to earn token rewards for select listings by staking CRO.
Additionally, users can earn annual interest of up to 10-12% on their Crypto.com Coins by staking them on either the Crypto.com Exchange app or Crypto.com’s metal Visa Card.
Overall, CRO acts as an instrument that powers Crypto.com’s drive to increase the adoption of cryptocurrencies on a global scale. As such, the company is continuously working on finding and developing new use cases that will allow users to leverage the cryptocurrency to enhance the control they have over their money, data and identities.
CRO is built on top of Ethereum’s (ETH) blockchain according to the ERC-20 compatibility standard, which means that its network is secured by the Ethash function.
Crypto.com Coin was launched by the Crypto.com company as part of its vision of “putting cryptocurrency in every wallet.” Crypto.com itself was founded in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao.
Kris Marszalek, an alum of the Polish Adam Mickiewicz University, has founded and headed three companies prior to starting Crypto.com: consumer electronics design and manufacturing business Starline Polska, location-based service mobile app and platform YIYI and the e-commerce firm BEECRAZY.
Rafael Melo earned his bachelor’s degree in engineering from the PUC-Rio. Over his more than 15-year-long career in finance, Melo has worked with major companies in Asia and helped secure over 50 million AUD in funding for the Ensogo social commerce website.
Gary Or is a software engineer with over nine years of fullstack engineering experience. Prior to co-founding Crypto.com, Or worked as platform architect at Ensogo and co-founded the mobile app development firm Foris. He received his bachelor’s degree in engineering, computer science from the University of Hong Kong.
Before helping launch Crypto.com, Bobby Bao worked in the M&A department of the China Renaissance investment bank. Bao has studied at the University of Melbourne, NYU Stern School of Business and the College of William & Mary.
The total supply of CRO is limited to 30 billion coins (following 70 billion CRO burned in 2021), all of which were created when the blockchain went live — making it a non-mineable cryptocurrency.
The total supply of CRO will be allocated for five different purposes:
30% — Secondary distribution and launch incentives - released in batches on a daily basis over five years from November 14, 2018;
20% — Capital reserve - frozen until Nov, 7, 2022;
20% — Network Long-Term Incentives - frozen until Nov. 7, 2022;
20% — Ecosystem grants - frozen until the launch of Crypto.com Chain Mainnet;
10% — Community development.
The live Crypto.com Coin price today is $0.123236 USD with a 24-hour trading volume of $41,467,222 USD. Crypto.com Coin is up 5.78% in the last 24 hours. The current CoinMarketCap ranking is #30, with a live market cap of $3,113,312,195 USD. It has a circulating supply of 25,263,013,692 CRO coins and a max. supply of 30,263,013,692 CRO coins.
Technical Analysis:
as we can see there exist a Hidden Bullish Divergence with MACD which is the sign of bearish trend reversal and as the price is currently reaccumulating at the 78.6% retracement level of Fibonacci which is a very powerful Pivot level and can turn the trend from bearish to bullish.
there are 3 targets defined for the upcoming Bullish Cycles Fibonacci projection where the 3 TP gets its confirmation as the 2 TP gets triggered followed by some retracement and price correction
Eyes on CRO TokenCRO has formed a triangle and is trading within this area. It looks poised to break out in any direction soon.
Breaks upwards: if it breaks above, the recent high would be a good place to take profit.
Breaks downwards: if it breaks below, the next area of support would be a good place to take profit.
Do wait for a close above/below the pattern for additional confirmation, preferably a close on the daily chart.
CRO-USDT descending triangle set up.$CRO-USDT descending triangle set up.
Very low volatility currently, with potential expansion coming soon. (if $BTC wakes up)
Currently sitting near support at $0.54
A breakout of the diagonal downtrend line (with volume ) could see a big move to the upside targeting the previous swing highs.
#DYOR #NFA #technicalanalysis
$CRO Aiming for $1A very simple analysis, which are normally the best...
We have completed waves 1, 2, 3 and 4 of an impulsive movement, and wave 4 respected the limit of wave 1, with favorable fib conditions (rejection at 61.8%, 100% extension of zig-zag).
Since wave 3 was extended (3x the size of wave 1), we shouldn´t expect much from wave 5. Therefore my target is $1, just above wave 3.
CRO long set up#cro $cro looking for this long set up. If it can break diagonal and horizontal resistances, it could play for a nice 8:1 set up. Previous trade played out nicely and another breakout should retest green line.
Wait for confirmation
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
