Crypto.com (CRO) for big BAT for upto 193% bullish moveHi dear friends, hope you are well and welcome to the new update on Crypto.com Coin (CRO).
On the weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also 100 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: $0.10 to $0.0786
Sell between: $0.1524 to $0.2305
Stop loss:
The maximum extent of potential reversal zone $0.0786 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 193%, and the loss possibility is 22%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CROUSDT trade ideas
CROUSDT - Butterfly Harmonic Pattern"The bullish butterfly, which indicates when traders should buy, and the bearish butterfly, indicating when traders ought to sell.
Butterfly patterns help traders in spotting the end of the current move so that they can take the trade.
The bullish and bearish butterfly patterns have the following characteristics that can be used to identify them.
AB can retrace up to 78.6% of the XA leg
BC can retrace between 38.2% – 88.6% of AB
CD can be an extension of 1.618% – 2.618% of AB
CD can also be an extension of up to 1.272% – 1.618% of XA leg
The point D is known as the Potential Reversal Zone (PRZ)
From Point D, you can enter a trade with stops at or above (below) the price point at D."
Taken from warriortrading.com
CRO: It's time to fly.Hello all,
Thanks for stopping by.
CRO coin looks to be consolidating in a parallel channel. The last time it recovered from a massive dump, it had consolidated in the same fashion. I believe we should see CRO slowly trend upward and break-out again soon. My price targets are set. As long as BTC doesn't dump, I will continue to follow this chart.
CRO good days?CRO has done a partnership with “Coppa Italia” (Italy football) in fact, instead other cryptos are going a little bit down, CRO is going up. This is a good thing but we have to recuperate the before level for say “to the moon”.
We are fighting with the 0.5 level Fib Retracement, then we have to over pass the very important level, the 0.618 level (maybe is a good idea buy there).
We touched the 0.165$ support 3 times and this is a good thing for the future, we are in a period of laterality and if in the future will be a break out of the 0.24$ resistance we can consider the 1$ target.
I hope my “analysis” is a good point for someone, tell me what are you thinking.
Broadening Bottom patternA-B-C-D-E correction showing. Would expect a bit more of a dip based on this pattern, then a bounce out of the top trendline. Had shown an inverse H & S pattern between B and C steps, as mentioned in my previous analysis, but a sharp rejection occurred at ATH resistances @ D down into the current megaphone. Not financial advice.