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!
CROUSDT trade ideas
Is Crypto.com Coin (CRO) Trending Lower or Higher SundayCrypto.com Coin's price is $0.1800000 (43.32%) above its 100-day moving average price of $0.410000000 as its price at the moment sits at $0.590000000. Additionally, CRO is $0.5300000 (-17803.07%) higher than its 52-week low price of $0.060000000 while -$0.38000000 (-970.81%) under its 52-week high of $0.970000000.
The current trading price in relation to its long-term average along with its 52-week high and low, gives CRO a strong long-term technical score of 70.
CRO long term price prediction:
Long-term trading movement of Crypto.com Coin suggest that investors are neutral on the token at the moment. Crypto.com Coin currently has a total market cap of $14,779,325,038.65 to go along with its average daily volume of $1,418,975,141.93 worth of the currency over the past seven days.
CRO's volume is below its seven day average as of the past 24 hours, with 177,202,230.38 exchanged in that period.
This token's subclass Payment Tokens: A token used as a form of payment for goods and services either in or outside of the crypto ecosystem. Often used as payment for services in a particular blockchain environment.
UPDATE: CRO UP 470% after bull signal - What Next?Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 470+% after the bullish Supertrend Ninja signal in Oct 2021. And 275% in July 2021. The Supertrend Ninja also predicted the heavy drops of April 2021 and Dec 2021.
The price is ranging, which is visible from the sideways movement. RSI is in a range as well. Although CRO got a bullish signal from my indicator Supertrend Ninja. Right now the price is in the middle of two grey blocks. Supports and Resistances are highlighted as grey blocks. Next support around 0.48 USDT. Next resistance around 0.68 USDT.
Profits can be taken at each grey block. Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
CROUSDTIn the loving memory of my child Muffin I present you this chart analysis....please take trade after strong candle pattern confirmation or rejection from support/resistance ...if my chart analysis helps you then please do " LIKE" ... it will help me a lot and encourage me to do more hard work in chart fundamental and technical analysis ...
you can ask me any thing in comment section I will reply 100 %
CRO AnalysisTech idea:
(Larger Degree)
Wave 2 : 0.382x Retracement of wave 1
Wave 2 : Flat /// Style : Sideways
Wave 3 : TBD
Wave 4 : TBD /// Style: Alternation (Sharp)
////////////////////////////////////////
(Lower Degree)
Wave 2 : 0.382x of wave 1 /// Style : Sideways
Wave 3 : 2x of wave 1
Wave 4 : 0.382x wave 3
Wave 4 : Zig zag /// Style : Sharp
Wave 5 : "1 parity projection" of wave 1 from 1-4
Base channel : Green
Termination channel : Red
////////////////////////////////////////////
Summary : I want to see a break of
this next high and want to see a reaction at
either the "Median" or
at the "Higher boundary" of the "Termination channel"
with confluence to the "Fibonacci extension"
CRO long setup (20% gains)$cro looks nice here. R:R is great at a 5% stop vs 20-26% reward depending on how you want to play it. Just retested LTF break of diagonal trend line .
I feel like I owed a bullish post for all of the shade I threw at CRO on its run up :)
And for those that said we would never see .50 again...well, I hope you survived the fly by down to .36 hehe
Dont fall in love with a project so much that you ignore what the price action is telling you.
——————————————————————————————
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!
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