Expectation based on historical analysis is that Cronos will oscillate against BTC, scenarios: 1. either BTC to rise in value 2. or Cronos to drop in value so that proportionally Cronos to fall below the long-term trendline.
1. We are on long term suppport band. 2. Historically, reversal may be in 100 DAYS 3. DIminishing returns: 2023-Q1 is still possible Over-leverage should end soon, too much oversold, this should get fixed soon and some reversal expected in the short term.
BTC is acting as a strong resistance level for CRO. In order for the breakout to occur, CRO should break out the long-term converging channel -- otherwise, it is smarter to buy just BTC instead of CRO. No financial advice.
Narrowing channel is continuing. - Most staked cards during the last FOMO - 180 days in lock - CDC cannot lose the customers and their locked CROs All possible operations are taken in place to support CRO before the 180 days' card lockdown of most users is opening. No financial advice.
The trend reversal has been waited for a while. The FOMO may be initiated by Superbowl and its marketing. There are all options for it occur soon. - Superbowl - Crypto companies on steriods - Crypto.com and CRO benefitting from visibility It is possible that we hit support bands faster than earlier when/if the fomo steps in: - Binance Forbers Deal -...
There is a massive chance that Crypto.com CRO is a big benefitter of the final ALTCOIN season. - Superbowl coming - masssive advertising - crypto firms bullish - new stadium partnerhip - Apple to add crypto functionality - Gucci to buy Sandbox land No financial advice. Please notice this warning in the Long-term:
CRO may be forming a 300 days converging channel. Be patient. Super stressful accumulation period may be coming. Short-term ------ - SuperBowl expectations may be too low or too high - Launch of Crypto.com Exchange US, unexpected results No financial advice.
Last time, we had 87% drop against BTC with CRO. Historically, it is more probable that either CRO will drop or BTC will rise proportionally more against CRO. - is this behaviour an anomality or is it because Crypto.com can control and affect CRO the most? - no support with moving averages (illustration with 100W MA) - volume not increasing - if CEO remarks is...
I hate being bearish but the technical indicators are not so bullish as many would like to understand. Earlier times we have come so high the price has not been able to hold. This time may be different but recommended to be careful with CRO until momentum. Short-term things ----- - Superbowl advertising - Lauch of Crypto.com Exchange US Long-term TA ------ -...
I don't want to be bearish but there is a chance that we are going sideways until the summer and the parabolic bull run gets extended. We have been undergoing two massive accumulation periods now in 2020 and 2021 -- the correction can be massive. MACRO - FED alarming about interest rates - Stock market taking about 10-15% hits ----> - FAANG taking...
There are multiple ways for parabolic run of ALTCOIN season: 1. volume accumulation until explosion 2. getting long-term RSI over 50 and then explosion 3. explosion without new volume and without long-term RSIs to catch up If 1-3 occur, NEXT 5-11 DAYS CAN BE EPIC! 4. If cycle gets extended, be ready for the parabolic run to get postponed If 4 occurs, be...
Altseason is somehing predicted and expected, #CRO could be a major benefiter. - The volume of #CRO is not yet on the level I would expect for the explosion Be patient. This can change very quickly! Not financial advice.
BTC has broken the SMMA 365 three times, each time followed by about 30-40% drop and 150-200 days' accumulation period. We are not breaking it yet, we are very close to breaking it. No financial advice.
There are multiple scenarios for BTC. We will soon see which theory holds: 1. 4 years' cycle theory (rejected?) 2. Extended cycle theory with diminihsing returns or new idea 3. Interseason model where the only thing that matters are the lower lows during inbetween seasons and not bull runs and ATHs: bull runs become less influential against the bear runs as...
There are signs for ADA to breakout such as whales (1M ADA) waking up but the volume indicators are still too low. There is a big danger that this breakout try is a false positive and ADA will drop far lower. Last breakouts have been associated gains of 90% while here we are seeing only 40% correction with too little volume. Watch out for TA before exeecting...
ADA reversal has been waited for a long time. What could be the factors that drive ADA back to higher support bands? Short-term indicators show potential but long-term, lagging indicators are more bearish. There could be a new correction and then up unless strong enough momentum to get us past the resistance levels. No financial advice.
We are currently in the land of none: there are multiple scenarios that may occur. ++ US Exchange listing may break the up and cause Bull run --- but if the expectations are not met, then we may end up to lower support bands. --- volume is deteriorating Currently we are falling against BTC so this looks like bearish for CRO, monitor intermediate time-frame RSI...
Let's see what the influence of the DOGE button found in Tesla merchandise store is on its price. Have your popcorn ready, how far will this take us this time. No financial advice.