$CRO-USDT descending triangle set up.
Very low volatility currently, with potential expansion coming soon. (if $BTC wakes up)
Currently sitting near support at $0.54
A breakout of the diagonal downtrend line (with volume ) could see a big move to the upside targeting the previous swing highs.
#DYOR #NFA #technicalanalysis
Technical analysis on $DAG
Tool: Fib extension
After dipping to $0.166 level DAG has been on a tear to $0.21 and after a small correction has burst through the $0.21 resistance and is now on its way to 1.00fib level at $0.236.
If it can break through $0.236 it can go to $0.255 and $0.26 (1.272 Fib level).
Otherwise, it may get rejected and return to $0.21 which...
BTCUSDT appears to be at a area of double support:
1st support is the $45000 level
2nd support is the blue trend line which seems to where the price tends to reverse in direction several times in past 1 year (see yellow circles)