CROUSD trade ideas
Reverse Head and Shoulder Move - We finally resume the uptrend Thanks to the massive retest on the 52 cents level that then consinued to form a reverse head and shoulder, lots of technical factors point to us resuming the uptrend from here.
There Also the fact that price has crossed the 60 EMA to the upside and is still at an oversold level on the stochastic are two more confirmations that we will se strong uptrend momentum from here on forward in the next several days or weeks.
CRO Coin Bearish Head & Shoulders PatternFirst time trying out TA on my own so take what I say with a massive heap of salt. Cro seems to be forming a perfect bearish H&S pattern on the 4 hour chart. We've just finished forming the right shoulder and I'm expecting a drop back down to baseline support around .50 cents where the left shoulder started. I also use the reverse MACD to get a feel for bullish/bearish momentum. A green bubble on the reverse MACD along with baby blue candles means the bears are coming out to roost. On the daily chart we closed bearish on the 25th with strengthening signs of 🌈🐻 momentum shown with a resurging baby blue candle on the RMACD along with the 4 hour closing bearish today (27th) as well. I love CRO but it's hard for me to be super bullish right now. Lemme know what you think. If I'm correct my ego will sky rocket and I'll be certain I'm a trading genius 🧠
General CRO movement predictionsNot financial advice, just ideas.
Well established support and resistance zones hold price in consolidation. Bad fud regarding newly unstaking users selling off will fold and price will continue bouncing along support zone. Once wedge closes in, I only see an upwards breakout occurring as price is still in low Fib retracement levels.
CRO Holding Support And Accumulating Nicely - Breakout to $1.20!CRO has been accumulating very strongly and holding on support even as BTC fell yesterday due to Omicron fears. CRO looks like it’s at the bottom and I do not believe we will dip past the next Fibonacci support level of .67. We are primed for a breakout soon and I’m still eyeing a massive move upwards this month!
CRO NEXT TARGET $1.47 THEN $2-$3.5! LAST CHANCE TO BUY THE DIP!!Gem Hunter here,
So what I'm seeing on the 4 hourly charts is screaming bullish. As long as we hold above the previous support of .64 we will confirm a double bottom and we can expect a 115% move upside breaking out the symmetrical triangle forming. We can go sideways for a bit before this move but I'm leaning towards a massive move upside in the next few weeks to month leading up to the staples center renaming Dec. 25th. CRO will eventually pass BNB because the marketing plan is aggressive and it isn't stopping here. Crypto.com is the fastest growing cryptocurrency exchange in the world and the easiest to navigate. You already see Crypto.com all over UFC and sports! This is only the beginning of their continuous marketing campaign. Any buy below $1 is a great price IMO. I'm all in. Staking for 13% too yes, please! The credit card deal with VISA is only the start of this takeover. Soon CRO will be a top 3 market cap coin once we overtake Binance. $3.5 is my target for CRO this cycle!
CRO going to MARS featuring Matt DamonIf you're not watching CRO right now you must be living under a rock, let me summarize:
- highest earning APY on any currency (if you own cro)
- highest cashback return credit card (if you own cro)
- lowest exchange fees (if you own cro)
- access to highest yield farms on cronos (if you own cro)
- access to eth supercharger (get 2% your holding in eth in a month - IF YOU OWN CRO)
Okay you say - "But Swiss....this is all pricd in the recent pump "
Recent pump was nothing...and driven mainly by 2 other things
- token burned 70% limiting supply
- coinbase listing
- Cronos network is new and TVL (total value locked) on it is growing steadily in a straight line as we speak (up almost 2x from 4 days ago)
- Assuming crypto.com doesnt grow, let 10mln users start spending 50k per year using cro credit card (creating buy pressure on cro to get cashback)
- Question: how many Billion is that? (10000000*50000*0.03/1000000000)
- Hint: 15Billion (very close to current market cap ;) )
What about they hype?
- Okay Matt Damon...
- Staples stadium renamed to Crypto.com arena on Christmas not enough?
- Rumor has it: Exchange in US is coming Q4 this year
"But Swiss...cro is dumping right noe I must sell!"
- Okay Davinci...have a look at the chart
- Do you like fibs?
- holding above 0.5 fib retracement is bearish?
- cro is a "spending" coin and today is cyber monday (put 2 and 2 together ;) )
Wen pump?
- look at triangle :profit:
CRO CAN MAKE NEW CUP Hello my friends, today I want talk with you about
as you see guys market was bullish from 4 in this month until 24 SAME month
and then Price fell to this 0.63775935 and trying break it .So far MARKET testing support
In my opinion not have chance to break it
We will have good signal to but it after that pull back
As a target we can take next resistance 1 (0.80600122) and resistance 2 (1.0012646)
This is article not financial advice, always do your own research.
If you have any questions, you can write it in comments below and I will answer them.
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CRO is about to make a big MOVE!
Hello, today I would like to share my analysis on COINBASE:CROUSD . As you can see in the chart (4 hour timeframe), for the last week CRO was forming a pennant/triangle form. In my opinion the next CRO move should be extremely important for the next week or two (if nothing special happens like staples centre getting new name). It is possible that it will brake from the triangle and reach new all time high, however other option is that it could brake short and drop a bit. From the chart you can see that it should drop to around 0.6$, and stay at that level.
On 1 day timeframe chart, MACD indicator is showing bearish move to be happening soon. So option 2 is more possible.
What are your thoughts?