CRONOS BIG OPPORTUNITY!!Lets talk about one of my favorite plays for this upcoming bull run! With XRP's recent win against the SEC there is a lot more legal clarity in the crypto space as a whole. Crypto.com is by far one of the top exchanges for U.S. retail investors/traders. (IMO) Their coin Cronos has huge potential to take off for the moon. From staking CRO for their amazing Crypto Visa card, supporting NFT offerings, trading a wide range of crypto assets at a seamless, secure, and cost effective flow of transactions. We could see big moves here similar to Binance's coin BNB. Crypto.com has proven that its here for good and here for the people. They keep updating their trading platform, support for customer service, and user interface on the app.
Let me know y'alls thoughts on Cronos. Good luck and keep stacking your bags$$$$
CROUSDT trade ideas
2023/5: Surfing CRO - Awaiting Exit eta now to end July
Technicals:
1. Descending Triangle all the way from the Dec 2021 peak of $1 to Dec 2020 bottom of $0.055
2. Based on fractals, looking for a spike up with RSI overbought to sell holdings in
CRO
3. Fractals indicating a move all the way down until 4 December to $0.026
4. MACD marginally up currently, RSI oversold
Fundamentals:
1. None
Analysis:
1. Exit position upon next wave up
CROUSDT Long Trade Idea (1H + 5m)1H:
- Price rallys downwards with momentum
- Price creates equal lows which is sell side liquidity
- This gets cleared as price moves lower
- Price also clears a major low, identifying a break of structure lower
5m:
- Price moves upwards with momentum, forming displacement
- Price clears multiple highs in this bullish move up
- Price forms a fair value gap (FVG) which is at a discount and this is where we go long
TP set to resting Buy Side Liquidity on 1H - 0.06040
SL set to the lowest low of the move upwards - 0.05604
CROUSDT (4H) - Bullish reversalHi Traders
CROUSDT (4H Timeframe)
Waiting for the upward break of 0.0552 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.0511 would cancel the bullish scenario.
Trade details
Entry: 0.0552
Stop loss: 0.0511
Take profit 1: 0.0578
Take profit 2: 0.0619
Score: 4
Strategy: Bullish reversal
CRO: Resistance BreakoutCrypto.com (CRO) technical analysis:
Trade setup : Bullish breakout above 200-day moving average and Down Trendline (see chart) could signal trend reversal, with upside potential to $0.10.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.055. The nearest Resistance Zone is $0.075, which it broke, then $0.100, and $0.125.
CRO/USDT Looking for a turnover! Morning traders 👋
Another coin that caught our attention here is CRO coin where price has reached that upper resistance zone and still pushing it! We are getting ready for a nice turnover to happen here with a potential of a 20% drop...Keep an eye on this one guys!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
✴️ Cronos Starts To Recovery (333%- 700%+ Potential) | #OKXIdeasPlease, allow me to share with you another chart that is showing huge potential for growth; Cronos (CROUSDT).
This one hit bottom November 2022, right on this date we can see a massive increase in trading volume.
Volume hadn't move strongly since a year before in November 2021.
We can see the same pattern as repeated across the Altcoins market.
✔️ The initial breakout in January followed by a peak in February, then a correction that ends mid-March and now the resumption of the bullish trend...
We can say that the probabilities are high for the bullish trend to resume going back to the volume signal. Today we have the highest volume in months... This is supported by a strong RSI.
There are many resistance levels along the way, many targets on the way up.
Here I am mapping a potential mid to long-term ranging from 333% to 700%+.
This is not financial advice.
Remember to do your own research, your own planning.
Thanks a lot for reading.
Thank you for your continued support.
Namaste.
CRO & ALGO among other ALTs_looking like a dealeo atPresent/Soonsome low end support or recent trade action from low low of .05-.07 to .10 and up to .20
from there its actually fairly smooth sailing with minimal trade action or resistance until we reclaim probably .28 .30-ish cents.
Kind of a no brainer here from .10 and down I dont see how you can loose on the medium to longer play here. The utility is there AND probably most importantly... u can trade or use the platform if you live in the USA and other non friendly crypto countries.
Scoop this one all day.
ALGO is also looking solid for the, not super "in the know" ALT hunter. Governments will push HARD to control KYC. Specifically the entry and exit ramps to crypto thro Know Your User Heavy Stable coins with ALGORAND being on the short list of blockchains that they would use as home base to pull this off. This is a Stanford or Whatever Blue Blood Fed Notorious sponsored for research and recruitment university. THE DEFACTO Cryptographer or whatever happens to be intrenched at this university as a Professor who is spear heading/leading this crypto project that never seems worried about much of anything... just say'n, this is going to something the USA uses to enter the crypto verse, and per usual, try and control... or at the least, heavily monitor its participant's. Food for thought and a good buy and semi forget....
CROUSDT - Short Scalp- Price creates buy-side liquidity (BSL) on the 1H TF
- Price rejects sharply downward after clearing buy-side liquidity, breaking multiple lows on the 5m
- Price re-enters the bearish imbalance on the 5m fair value gap and this is where we go short :)
- TP set to 1H sell-side liquidity with a tight stop loss just above the 5min FVG
Pay Attention to CronosGood day, fellow traders,
Above the weekly chart for Cronos, position wise it looks like a bullish reversal is possible.
Looking at the daily chart we see further signals for a bullish continuation. We had decent sideways consolidation, with MACD and RSI showing plenty of room for upwards pressure.
The current entry is riskier because of the position within the structure, where rejection is always possible. Either wait for a pullback or trade the breakout. Obviously, market maker BTC can influence the momentum.
The fib 1 level of the a,b,c extensions should be the minimal target possibility.
having said that, you never see the order book so always confirm with your own research
Goodluck and have a nice day,
The Donkey:)
LONG $CRO Day trade IMPORTANT
Bitcoin is not in its best moment, yesterday showed signs of weakness (it is normal we were expecting it) but has not decided whether up or down so we are still in the channel of this last week between 26.5 and 29, at any time could leave this channel and do much much damage to the altcoins.
New idea for $CRO1. The strong bitcoin is trying to take the difficult resistance line, at the same time it can be considered as a flat movement.
2. Look at the bitcoin dominance, if it goes down, and the bitcoin will stand still, there will be growth.
3.Altcoin is now very far behind bitcoin.
4. Out of the bullish triangle formed, testing the trend line.
5. Follow your risk management!
✴️ Cronos 700% Potential MappedGood Sunday my fellow cryptocurrency trader, as usual, we have an over abundance of options to choose from, an over abundance of opportunities and also so many signals to look at, so much to learn, so much available for enjoyment and growth.
Cronos is one that I've been trading just because of its huge potential.
This one went through a full cycle and we can see a 100% correction that ended late last year.
From December 2020 to December 2022.
Massive growth in between and then everything erased.
Now that the "strong support" has been activated and conditions are favorable we are likely to experience another bullish wave.
✔️ 700% Potential mapped on this chart.
Remember to do your own research.
Your own planning.
This is not financial advice.
Namaste.
CRO/USDT Too Far From EMAs Good morning guys ✌️
Another one for todays watchlist is going to be CRO coin here. First thing we noticed was that market price has drifted far away from EMAs where we just had fresh crossover of 100ema and 200ema. There is very high chance for a correctional movement to upper zones and one of confirmations here is RSI which is in oversold zone currently. Waiting for some sort of correctional movement but on bigger picture we want to see some more bearish movement!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.