This altcoin is showing strength CROUSDUnlike BTC, ETH, ADA, LINK, DOGE... all coins continuing the struggle to renter bull market territory, CRO is hovering well above bull market support bands -- 20w sma & 21w ema -- nuzzled in just under $0.50.
If BTC bitcoin continues to _not crash_, I can imagine us moving towards the pools of liquidity visible in the VPRV around $0.52 and $0.69. On the downside, the bull market support bands should act as decent support. But a quick -17% tumble would get us there.
We have a rising resistance line above our heads too. It's likely holding us down now since Jan 5th.
This might turn out to be the last days where the accumulation indicator shows green.
Who's buyin'? I'm bought in, and staked here myself personally since early 2020. Last year was a good year for CRO.
CROUSD trade ideas
CRO could hit a massive run any day nowWith the tightening of the bull flag pennant (or so what I see it as), I see CRO popping off anytime soon. With further bullish divergence on the 4 hour chart at our current low, I see this as further support for the idea. This rally could be brought by news or simple reversal. Targets are above 1$, however I would be cautious, as I see us having strong resistance at all time highs. I currently have a trade active at the moment with a target of 0.8$ This is not financial advise.
Crypto.com Coin BUYS! HOLD TO $2.50 A COIN Crypto.com is with out a doubt one of the most used Crypto exchanges in the world and they come in at 1st place for me in terms of marketing and leading the way for adoption, the changed the legendary staples centre name to crypto.com arena come on..
Anyway CHARTS are looking very good for a good DCA here, currently in a DAILY POI which it seems to be respecting very well. Will be good to run a DCA from 0.46 - 0.35 C to hold onto this long term. I have a lot of faith in what crypto.con are doing now and have planned for the future, the partnerships as well are all great from the fundamental side, finally a nice correction has presented itself for a nice dollar cost average buy in.
Crypto.com token to breakout wedge soonCRO is now at an ideal retracement level FIB 0.786.
It seems to want to go down a little more to retest 0.412
which coincidentally is the FIB 0.854 level (last chance)
& is also the first breakup candle low last November.
After 0.412 retest, it will then breakout of the descending wedge.
Pls also do own research & comment here your analysis.
CRO Prices are Being Leveled by Whales*I'd like to preface this with the fact that I'm a very junior trader and this is not financial advice*
The price of CRO is being held in the 50-60 US cent range by larger players in the market. The primary indicator I will focus on is the Lux Oscillator Premium. This indicator shows any detected industrial activity (IA) in the vertical orange bars, also known as whale movement.
On December 24th at the first white vertical line be we can see that the price of CRO has been climbing rapidly. Exactly at the first white line a tremendous amount of IA is detected and the price levels out for approximately 3 days.
On December 27th we see the second vertical white line where the price of CRO is falling rapidly. Now the inverse of the previous situation begins to occur. To a lesser degree we see IA begin and then the price levels out again.
Being my first Idea on TradingView I'm very open to any additional insight and constructive criticism.
Kind regards,
HazMatt
CROUSD will fortune favor the braves again? #CRO 1. Target: $ 0.79
2. Target: $ 0.92
3. Target: $ 2.8 lfg! xD
After 1 Month of consolidation, CROUSD confirmed a 12h break out of the downsloping supply line or the downtrend, which it was in for the last 30 days. Now CRO really needs to reclaim the .537$ level and start closing above it again. If it does, skys or btc the limit. bull divs on different timeframes and the other usual stuff. Funny thing is cro pumped so hard that i couldnt find a real low to fib from. however, theres a 50% discount on CROUSD rn! buy 1 get 2! lol :) Very low risk area imo.
BUY BUY BUYThis coin is new
it recently bounced off a new found support
there is bound to be price exploration to the upside
It is currently trading at about $0.65 and it's high was nearly $1.00
Bulls may attempt to retest the $1.00 resistance and take it beyond $1-$3 which would be a gain of at least 200% from current levels
I'm up about 50% from Gitcoin you can look at my other recent recommendations and follow me
I'm trying to follow the flow from coin to coin