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Cronos USD PerpetualCC

Cronos USD Perpetual

0.08424USDR
+0.00085+1.02%
As of today at 08:23 GMT
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CROUSD.P trade ideas

$CRO is still in price discovery mode. Rejection at 50 Week EMA.NOT FINANCIAL ADVICE. I enjoy using my Crypto.Com VISA debit card because it is both convenient and enables me to 'cash out my crypto on a whim. There's a 3rd reason too, and that is the benefit of earning $CRO as cashback, whenever I make purchases. So in a weird way, spending my crypto lets me earn back crypto. $CRO is still very much in price discovery mode, I do strongly believe. Here we see a price rejection along the 50 Week (orange) EMA trendline. Its price action is seeing wild swings, and oddly enough at the same time rendering a beautiful expanding wave-like structure, despite the massive occasional upper wicks. I suspect that we would see $CRO spending some time (days~weeks) trading in this price levels before it makes a move for its next wave up. This $CRO Daily Chart also sees it face stiff resistance at the 20 Day (red) EMA trendline. We also see the 50 Day (orange) EMA crossing below the 200 Day (green) EMA. I'd like to have the opportunity to perform an Elliot Wave analysis to supplement these EMA movements, but $CRO's price actions have gotten me stumped. While I very much enjoy using Elliot Wave analysis these fluctuations are proving too hard to read, exacerbated by the less than a year's worth of information available. Although these EMA readings slant towards a bearish outlook, I do believe that $CRO have potential to 2x~3x by year's end (NOT FINANCIAL ADVICE!!). Until next time, happy trading~
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by googooboyy
CRO Playout - ATH!!!CRO is looking Bullish after it's recent listing on Coinbase. Oh the irony of central exchanges. Who's to say where this will go with market play at hand. It's always sus when a native token is listen on third-party exchanges. Risk as such. If BTC/ETH continue, we could see this jumping up to the next leg. Depending on aforementioned and market environment, we could return to a lower support. Beyond the new listing on Coinbase CRO has gained popularity with his lease recent marketing attempts and partnerships. Let's see how policy on stable coin will play into its future. Trade responsibly.
FLong
by krazno3
2
CRO = CrptoMarket CAP BULL!Wow alright I got to say this coin have just been listed on coinbase which is amazing. I use this site for most of my trading and gains here. Def going to support this company. They give very great details in the crpto space and updates with other market quickly. I can't thank them less for what they done for many people. CRO you guys Go to the moon! Speechless on the release on coinbase! This coin have already over 6billion networth im not surprise.
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by CryptoWhale100Billion
6
CRO (Crypto.com) - FAnalysis from 2y user and Technicals Hello everyone, This is an in-depth analysis on why I HODL and keep buying CRO (Crypto.com's native token) as a double digit % of my crypto portfolio. Fundamental Analysis: First of all, the main product of the company are their debit cards with perks such as Spotify, Netflix and free from fees, which is phenomenal. There are top tiers that you will need to stake more of CRO tokens in order to be eligible for. The system that this builds makes it easier and easier for crypto investors to have better cards by the increase of the price, since card tiers are based on USD values. The benefits get exponencially better for each of them, therefore we will always have a goal of going up a level, but the levels are 10x away from each other, which means the price of CRO has to go up 1000% before you upgrade to a better card, it sounds like a lot but for crypto it can be easily accomplished specially with a low marketcap that we have right now on the coin. For a 2-year user of the app, all I can say is that without Crypto.com I wouldn't be able to buy many of the 100x coins that I hodl, such as ADA. The syndicates are events that let you stake your cro tokens in exchange for the right to buy 50% off selected coins. They do it every month and the estimated APY varies. The supercharger is a new product they added where you can also stake CRO in order to participate in a pool that will help mine/stake the underlying coin in order to receive based on the participation. The security of this app is high and they even have a DeFi wallet (100% decentralized on your phone) in which you can also stake CRO's for high APYs such as 12%. Their NFT platform and partnerships are great, the first ones are a success, and they will keep striving for better and unique content. The exchange is also a positive point for the platform as they've opened the doors to leverage. If we were to match the current marketcap to Binance's, which is of course the biggest and safest exchange on the world, it is still far behind with 13x difference. I remember when CRO and BNB had the same marketcap in 2019. They were big competitors not like DOGE and SHIBA but Binance ended up winning for many trading advantages, but I still believe Crypto.com has the potencial to overtake '' because it has much more investing advantages and the user interface is way more friendly. Technical Analysis -Big monthly rising wedge: usually this is a bearish pattern after a bearish wave down, but since it was up from the beginning, I'm counting this as a positive and this can lead to a major breakout, badly compared to the Bitcoin decending trendline that we broke last year. -Resistance turned into support: the buy zone that is most important are the weekly lows of ~$0.15-, this level will provide great buying opportunites and the risk/reward with a good 30% spot loss of 80:1 (Risk $1000 and make $80000). The other generational buying opportunity is at the S&R flip of the 2019 ATH ~$0.12 -Fibonacci retracement: the most significant fib to look at is from this year's low to where this uptrend ends. The buying level should be between 38.2%-61.8% (log 0.12 to 0.17), but I will DCA as price starts to decend into sub 22 cent region. All in all, this is an amazing opportunity. As their slogan say, "The future favors the brave" , and cryptofunded believes that Crypto.com has the potential to continue as an ever growing leading crypto business.
BLong
by CryptoFunded
4
BTC ASSEST Cryptocurrencies have been predicted to be a game-changer in the financial sector. This is due to the assets’ numerous use cases, which indicate technical improvements in the industry. While the assets are considered as the next great thing, they must overcome several challenges. The problem of security in the industry has been a major roadblock. Hackers have had a field day in recent years, stealing millions of dollars worth of assets from various sites.
BLong
by Elizabeth70961
1
Crypto.com Coin (CRO) - September 13Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CROUSD 1W Chart) If the price is maintained above the 0.08572-0.0976 range, it is expected that the uptrend will continue. (1D chart) Above the 0.15101 point is the high point, and if the price is maintained above this point, it is expected to rise above the 0.198-0.2123 range. If the decline is from the 0.15101 point, it is likely to fall below the 0.1262 point, so a short-term stop loss is necessary. You can also touch the 0.08572-0.0976 section and climb, so you should also think about how to react. If it falls below the 0.08572 point, it is highly likely to enter the mid- to long-term investment zone, so you need to trade cautiously. ------------------------------------- (CROBTC 1W chart) It is necessary to check whether there is a movement that deviates from the 200 satoshi-500 satoshi section. If it rises above the 500 Satoshi point, it is expected to create a new wave. However, there is a high possibility of receiving resistance due to the volume profile section formed up to the 900 Satoshi point, so you should proceed with the investment with a margin. (1D chart) ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
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by readCrypto
7
Cup and HandleInverse H & S from my previous prediction was fulfilled with the $0.20 target being met. Now a period of consolidation begins before the next move up. I would expect price action to bounce off the yellow middle line for a while with red b-bands contracting for the next move. I expect the price to hit the $0.20 mark and eventually break past to new ATH given the overall bullishness of the market. Green RSI indicates that a short term bounce is incoming and price would increase (green circle). The blue line represents where I expect the price to head. Not financial advice, simply my opinion and trade safe!
BLong
by blbenne0
2
Crypto.com Coin (CRO) - August 11Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CROUSD 1W Chart) If the price is maintained above the 0.08572-0.0976 range, it is expected that the uptrend will continue. (1D chart) If the price holds above the 0.12963731 point, it is expected that the uptrend will continue. However, it is expected that the direction will be determined again in the section 0.16234487-0.17869866. ------------------------------------- (CROBTC 1W chart) It remains to be seen whether the 322 satoshi-500 satoshi section can store up the upward force by going sideways. If it falls from the 322 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. If it rises above the 500 Satoshi point, it is expected to create a new wave. (1D chart) We'll have to see if we can get support by going up to the 327 Satoshi-349 Satoshi section. If it falls from the 283 satoshi point, it can touch near the 200 satoshi point, so you need to trade carefully. It must rise above the 349 Satoshi point to continue the uptrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
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by readCrypto
2
Crypto.com Coin (CRO) - July 19Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (CROUSD 1W Chart) If the price holds above the 0.08572-0.0876 range, it is expected that the uptrend will continue. (1D chart) If the price is maintained in the range of 0.09697975-0.12963731, it is expected that the uptrend will continue. The 0.05763-0.07099 zone is a support zone, and if it declines in this zone, it is expected to enter the mid- to long-term investment zone. It is important to ascend along two uptrend lines. -------------------------------------- (CROBTC 1W chart) If the price rises above the 500 Satoshi point and maintains the price, it is expected to create a new wave. (1D chart) If the price is maintained in the 349 satoshi-414 satoshi range, it is expected that the upward trend will continue. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
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by readCrypto
2
Crypto.com Coin (CRO) - July 1Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (CROUSD 1W Chart) If the price holds above the 0.089286642 point, it is expected that the uptrend will continue. (1D chart) We'll have to wait and see if we can climb on the 0.094488879-0.126515787 section. A move above the 0.126515787 point is expected to turn into an uptrend. If it goes down, you should check to see if it finds support at the 0.078475426-0.094488879 zone. In particular, you should watch to see if it is moving along an uptrend line. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
H
by readCrypto