Cronos (CRO/USDT)Testing Weekly Horizontal Support / Resistance Level.
About Cronos
What Is Cronos ?
Cronos (CRO) is the native cryptocurrency token of Cronos Chain โ a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Cronos Chain is one of the products in Crypto.comโs lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting usersโ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.
CRO went live in November-December 2018.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
CROUSDT.P trade ideas
CRO Has Formed a Triangular PatternCrypto.com Coin (CRO) has formed a triangular pattern, indicating a period of consolidation and suggesting a potential bullish trend if the price breaks through the triangle's upper boundary. The target is set at the 0.786 Fibonacci level, a significant retracement point for identifying potential support or resistance.
This analysis is for informational purposes only and should not be considered as financial advice.
๐ Crypto.com Coin (CRO) Analysis! ๐ณCrypto Enthusiasts, Attention! ๐๐
Exciting Discovery! ๐ A potential bullish divergence is forming on the daily charts of Crypto.com Coin (CRO)! ๐ This could indicate a promising upward trend for this dynamic crypto asset. ๐
Let's explore what makes CRO a standout: โจ
1๏ธโฃ Staking Benefits ๐ฐ: CRO offers attractive staking options, providing users with benefits like higher returns and exclusive access to services on the Crypto.com platform. ๐ฆ๐
2๏ธโฃ Growing Ecosystem ๐: The Crypto.com ecosystem is rapidly expanding, offering a range of services from trading to payment solutions, enhancing CRO's utility and appeal. ๐
3๏ธโฃ Market Cap Milestone ๐ธ: CRO has achieved a significant market cap, placing it among the top contenders in the cryptocurrency market. This reflects strong investor confidence and market presence. ๐
4๏ธโฃ User-Centric Approach ๐: Focused on user convenience and accessibility, CRO is making crypto transactions more user-friendly and widespread. ๐๐ค
What does the potential bullish divergence mean for CRO? ๐ก
The forming bullish divergence on CRO's daily chart suggests a growing optimism among investors. It indicates that despite recent price actions, there's underlying strength that could drive a significant price increase soon. ๐
Keep your eyes on CRO! ๐ This budding bullish divergence, combined with its robust staking features and impressive market cap, might signal the beginning of a new exciting growth phase for Crypto.com Coin! ๐
#CryptoComCoin #CRO #CryptoAnalysis #BullishDivergence #DigitalFinance ๐๐ฏ๐น๐ฅ
CRO/USDT = Time To Fill FVG Zones CRO is exhibiting a tight consolidation pattern, with prices fluctuating between established liquidity zones. The market has made several attempts to break out, but none have proved decisive yet. Resistance at $0.10975 and $0.1069 define the current price action's boundaries.
We are watching for either a strong downward push through supports or a potential move to fill in those FVG zones here, which could indicate the beginning of a bearish trend.
Swallow Team
Think long term by CROthersHere is a chart from an unspecified "X" cryptocurrency (iykyk) That made a very clear descending triangle. Novice traders like me saw this and probably sold too when it broke "support". However, the coin later made a whole run of 1845% from 0.9$ to 16$ (16-18x) without a pause or pullback.
Now, here we have a similar pattern that could reoccur with our beloved CRO. So, my question for you : "If a descending triangle does form, what would you do?"
I missed out from the entire 2020-2022 bullrun because I was trading patterns. Now, I stopped trading short timeframes and just wait patiently for big drawdowns on a major timeframe to buy and hold. I know I'll never be able to beat the market trying to secure small 10% 20% gains, only to end up buying higher later. So far it's been doing pretty well.
Please don't make my mistake. Buy low, HODL and SELL HIGH! Don't chase short-term gains and end up missing out on big long-term gains!
Thank you for reading my post :) Forgive me for the unsolicited advice!
CROUSDT #001 ( good profit opportunity with Crypto.com ! ) Hello dear traders .
Good days .
CROUSDT after 4 cycle bearish Gann Square, Start bullish rally.
With market Correction the CROUSDT price will drop to the buy zone and start next bullish rally .
Road map and plotted with help of Gann Square & Gann Box.
Good luck & Safe trades .
Thanks for your support and comments.
CRO/USDT Uptrend from Demand? ๐ ๐ CRO Today analysis๐Paradisers, prepare for a promising shift with CROUSDT as it approaches a pivotal moment, rebounding from a resistance challenge with a bullish trend on the horizon.
๐CRO has consistently demonstrated a pattern of overcoming descending trendlines, suggesting a propensity for upward movement. Currently, after facing resistance, it's poised to embark on a bullish trajectory from the demand level of .7505.
๐Should CRO falter at the .7505 mark and descend, be strategic and patient. While some may rush to enter long positions, wisdom dictates waiting for the market to align with your anticipated entry point.
๐A further dip could lead to a bullish resurgence from the .6668 level, but a break below that could signal a significant downturn.
CRO Back To Life?Higher time frames on CRO are looking like they may have a decent amount of more upside while the smaller time frames are indicating a pull back maybe likely.
As such I have taken a long position at the low of this consolidation with a tight stop loss but also open to a ABC correction for a much larger move.
IF IF IF price manages to pull back to the 50% retrace area and oscillators are bullish this would make for an excellent risk to reward ratio swing trade for another higher high.
IF price doesn't make it but rather wicks below the local low and wicks back up a higher entry may be necessary.
Trade Well....
$CRO/USDT 2D (#Bybit) Broadening wedge breakout and retestCronos looks ready for a bounce back towards 100EMA resistance, probably after a last retest of demand zone.
โก๏ธโก๏ธ #CRO/USDT โก๏ธโก๏ธ
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.6X)
Amount: 5.1%
Current Price:
0.06290
Entry Zone:
0.06150 - 0.05340
Take-Profit Targets:
1) 0.07440
2) 0.08710
3) 0.09985
Stop Targets:
1) 0.04330
Published By: @Zblaba
FWB:CRO #CROUSDT #Cronos #CryptoCom #CDC #CEx
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.2% | +82.6% | +118.1%
Possible Loss= -39.4%
Estimated Gaintime= 3-4 months
crypto.com
CRO After First Successfull Trade here we Have the Second Trade**Cro Coin Short Fundementals**
Cro Coin is a cryptocurrency developed by Crypto.com, a cryptocurrency exchange. CRO is an ERC-20 token that runs on the Ethereum blockchain. CRO is used to pay for transaction fees on the Crypto.com exchange, and it can also be used to stake to earn rewards.
**Recent News**
* **Crypto.com Launches Cro Staking Program:** Crypto.com has launched a new CRO staking program that allows users to stake their CRO tokens to earn rewards. Users can earn up to 20% APY on their CRO tokens, and they can also earn additional rewards in the form of Syndicate tokens and other benefits.
* **Crypto.com Partners with Visa:** Crypto.com has partnered with Visa to launch a new crypto debit card. The Crypto.com Visa debit card allows users to spend their CRO tokens and other cryptocurrencies at any merchant that accepts Visa.
* **Crypto.com Acquires Argo Blockchain:** Crypto.com has acquired Argo Blockchain, a cryptocurrency mining company. The acquisition is part of Crypto.com's plan to expand its cryptocurrency mining operations.
**Disclaimer**
This information is not financial advice. Please do your own research before investing in any
CRO Unlocking Potential: The Perfect Entry Point for Profits ๐ฐ**Short Fundamental:**
Crypto.com Coin (CRO) is the native cryptocurrency of the Crypto.com exchange. It is a utility token that can be used to pay for exchange fees, earn rewards on the Crypto.com Visa Card, and stake for discounts and other benefits.
CRO is also used to power the Crypto.com Chain, a blockchain that is designed for decentralized finance (DeFi) applications.
**Recent News:**
* Crypto.com recently launched its own mainnet, the Crypto.com Chain. This will allow Crypto.com to develop its own DeFi applications and services.
* Crypto.com also recently announced a partnership with Visa to launch a crypto-linked Visa card. This card will allow users to spend their cryptocurrency at merchants that accept Visa.
* Crypto.com is also a sponsor of several major sporting events, including Formula 1 and the UFC. This has helped to raise the profile of CRO and the Crypto.com exchange.
**Disclaimer:**
Cryptocurrency is a volatile asset and prices can fluctuate wildly. It is important to do your own research before investing in any cryptocurrency.
**Overall:**
CRO is a utility token with a strong fundamental base. It is used to power the Crypto.com exchange and the Crypto.com Chain. CRO is also backed by a strong team and has a number of partnerships with major companies.
However, it is important to remember that cryptocurrency is a volatile asset and prices can fluctuate wildly. It is important to do your own research before investing in any cryptocurrency.
CRO/USDT potential shift ? ? ๐ ๐ CRO today analysis๐ Paradisers,get ready for promising opportunity with CROUSDT. Currently, it's showcasing intriguing movements within a demand zone, hinting at a potential upward shift.
๐ Not long ago, we noticed CROUSDT breaking free from a descending channel, embarking on a bullish path. Presently, it's revisiting the resistance of that descending channel, which has now transformed into a supportive base. Importantly, it's positioned above the EMA 200. We're hopeful that after a brief touchpoint with the EMA, it might commence its bullish ascent.
๐ Additionally, the VRVP is highlighting substantial volume, further bolstering the prospects of an upward trajectory. However, a word of caution: should the price not sustain its momentum and dip below both the EMA and the demand zone, we might see it gravitate towards a significant support level.
๐ Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
CRO/USDT looking for potential dump Hey traders๐
CRO coin is the starter of the day where we see the weakness growing on this coin. What really caught our attention here is those two liquidation movement to upper zones which got suppressed very fast meaning there is a lack of volume on the coin!
We are keeping our eyes opened here for a potential 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.
CRONOS or BNB coin? That is the question!Investing is all about risk management. leave all the FUD at the door and simply looking at charts, one thing is for sure that both these projects will be around at least until next bull cycle.
CRO - ATH in the last bull cycle - ~$0.90
BNB - ATH in the last bull cycle - ~$670
CRO - Current Price - $0.052
BNB - Current Price - ~$210
Percentage back up to ATH
CRO - 1630.77% to reach its ATH.
BNB - 219.05% to reach its ATH.
place your bets!!!!