CROUSDT trade ideas
Crypto.com - Simply Bullish? (Small update v4)Not investment/trading advice.
It was requested I updated my TA. Can't provide a whole lot of information..
but the ride with CRO has been great!
We have seen a great bullish trend, following the blue bull trend line which has proved to be strong.
However it has been broken a few times. Just recently dipping below the bull trend line finding some support above the red zone.
The trend still remains intact at the time of writing. Continuing to put in higher lows from the previous break.
I went ahead and marked the two main dips to show the higher lows being displayed. (yellow)
This does not mean the trend cant break at any time. With stronger volatility being shown as we near closer to mainnet launch.
2 zones were added.
Green target zone
Yellow caution zone.
Red bearish zone extended beneath.
Additionally a ghost line at the highs & ghost circles at the short term lower lows cluster.
I remain bullish long term, however at this point be extremely careful when trading.
If you like my chart, please show some support or leave a thumbs up.
Thanks!
Crypto.com Coin (CRO) - March 25Hello?
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We need to see if it can rise along the uptrend line (4).
In particular, we have to see if we can ascend to the 0.2064-0.2180 range.
If it falls from the 0.1909 point, a short Stop Loss is required.
However, you can touch the 0.1714 point and go up, so you need to trade carefully.
If it falls between 0.1248-0.1364, Stop Loss is needed to preserve profit and loss.
The next volatility period is around April 1.
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(CROBTC 1D chart)
We have to see if we can ascend more than 400 Satoshi points.
If it falls, we need to see if it can rise along the uptrend line.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
CRO T.A............ Simple price action analysis.Hi !
Simple price action analysis. Test previos LL and go up.
One more buying area for CRO who are interested.
So, CRO these days are quite hyped exchange because of their NFT platform is going to launch and they are very focused in terms of increasing user database.
In 4H timeframe, after breaking falling wedge, this is going to test the previous LL and if it stays at this, it could move up quite fast.
Just keep an eye on it.
Not a financial advise, it could go down, if it is not able to hold this level. Please do your own research on it.
Hilsen
Btschamp2020
Crypto.com - Simply Bullish? (Mainnet Influence)My personal opinion chart. This is mainly for my own reference.
If you haven't seen my 1st chart, please check that one for my original bull trend lines.
This is just building upon my previous chart. The details are general not exact.
-Continues to put in Higher lows .
-Staying on course, following the trending the bull line. (blue)
-I added a few possible price target zones & range.
-Might be another possible breakout around 13th to 15th.
-Additionally, a parabolic trendline added for bull range. (orange)
-Neutral Mainnet launch box. (large white).
Crypto.com - Simply Bullish? (Small update v3)As usual, not investing advice.
I've been very happy with the results so far from CRO/USD but wanted to give a small update.
I added a small purple heart line between the blue bull trend line & the orange parabolic line shortly after releasing my 2nd chart.
After watching and seeing this line showing strong influence of rejections & possibly now support, I thought it would be a good idea to share with everyone and see what you all think.
Cheers.
Don't Miss out on CRO Before Mainnet LaunchI believe CRO has huge potential, it's just that in earlier phase it was a subject to appear as a pump and dump but overall it's continuing its trend on the blue lines funnel that I believe is healthy for CRO to be accumulated in the long term especially before the main net launch
CRO - This looks good. Parabolic price movement!Here's a quick look at CRO 4 hr chart. This look very bullish. The price movement Is parabolic atm, and this could explode hard. If 0.2$ level breaks, I don't see anything stopping it, besides BTC crashing.
The idea is: Buy the breakout from the level shown in the chart. Take profits at the level shown in the chart.
Targets:
1. 0.22$
2. 0.24$
3. 0.27$
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BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!