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CROUSDT trade ideas

CROUSDT - Close to the resistance area and entry timingKUCOIN:CROUSDT 4H trend chart - CRO has already broken out the downtrend line. But it is so close to the resistance area , so the safer way to buy is wait it to stand above 0.777(blue horizontal ray) If price can take out 0.777 without long upper shadow line, trading strategy as below. - Profit Targets: a) 0.8199----Fib(1) b) 0.8688~0.8886----Fib(1.272~1.382) c) 0.9311----Fib(1.618) Stop losses: a) 0.6851-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
4
CRYPTO.COM can go to $1+ only if it can survive $0.66 TestRapid adoption and ton of marketing with latest rebranding of STAPLES center brought so many buyers. Now the overall crypto market is still in consolidation mode ahead of the final dip this last days of November. should be able to go to $1.00 with small pullback to $0.80 or retest of $0.66 and buyers take control there. IF sellers take control there it can be pushed down further all the way to $0.50 to the least and worst case scenario a huge wick on a candle to liquidate longs at $0.38 Always try to place the some orders below ur entry to be able to get in during that liquidations which doesnt last long. Targets $0.80->$1.00 Stop $0.66
by anjeltrade
4
CRO = huge buying opportunity if market remains bullishCRO = huge buying opportunity if market remains bullish Ideal Entry .70 Target .90+ Stoploss under .65 Crypto.com is doing so many extremely bullish things, if they keep up the hype, they would easily overtake coinbase. Especially with the holiday season and everyone meeting up with friends and families. There is literally no other company out there that is pushing crypto adoption better than Crypto.com. Supporting them at this point is like supporting the pillar and foundation of cryptocurrency.
Long
by WallSt007
5
CRO Price update 25th of NovemberKUCOIN:CROUSDT We saw a good run on CRO that played out pretty well as my previous analysis of the coin back in mid November. CRO is currently retracing back to the lower support at around 0.7 $ area we could see a bounce sooner but I think 0.7 cent is on the table seeing the explosive growth we got in the last 2 weeks without a real retracement. After some consolidation I think CRO is going to go up again and finally hit that 1$ milestone this year.
by MoneyBagTrading
7
CRO, H&S Pattern, should we worry?Hello! This is just my personal take on it but for me it seems like it is forming a H&S Pattern, wich is a "Bearish Sign"! I would watch the area around 0.75 - 0.76 (Yellow Horizontal line) for possible breakout to the upside again though. IF it passes that line i guess it CAN move further up again, however if it fails and goes down agin (Following the red curve downward), i guess it's a major bearish sign unfortunately! A critical moment? Happy Trading!
by dainex64676
3
Stock up on CRO1. CRO has been spending so much money on their marketing and this would benefit them significantly down the line as they gain more users. 2. As far as I know, Crypto.com is the only crypto website or one of the few that offers a card to its users. 3. To get a card on Crypto.com, users would need to lock in their coins for 180 days, this reduces the selling volume on CRO. 4. It is trading in an uptrend channel and will continue going up. (Feel free to follow the trading plan or hold all the way up)
Long
by ReverieTrader
7
CRO/USD - Correction in progress, $0.60 must hold, else...CryptoCom Coin had a fantastic rally in October and the first half of November. Now, the price appears to have finally hit a major resistance, which is not surprisingly found at just under $1 dollar. Such key psychological levels will always represent turning points in the price action, and CRO is no different. Despite the ongoing correction, CRO’s performance this week was stellar, with a 40% price increase. The current support is found at $0.63. However, considering the past rally, CRO might not only correct to the Fibonacci 38% retracement, and it might dip even further. Looking ahead, CRO’s indicators on the daily timeframe have curved back down after the major rally in the past couple of weeks. This is a clear warning sign, and if CRO breaks below $0.63 support, then things could get even uglier with price falling at half a dollar. Like and follow if you liked my idea!
by DU09