CROUSD trade ideas
CRONOS Pure TechnicalsHi guys,
I have been overlooking the Cronos chart quite recently, and I have to admit that this is one of the most beautiful charts i have looked into, according to respecting simple geometry.
We can see that currently Cronos is both testing the border of the triangle on the outside and as well trying to establish a higher low and support above the previous lower high. If this plays out, a double bottom od W pattern will be confirmed which would send Cronos to its next ressistance levels at 0.54. After that resistance is broken the next target is 0.68, and finally the previous ATH.
In case Cronos losses support and cannot establish a confirmation outside the triangle and above the W neckline, we will be testing the prices of 0.4, and furthermore 0.35 according to the support made around that price.
Trade responsively.
This is an observation and opinion, not advice.
Cheers!
CRO.Usdt (Y22.P1.E1).Similar to BTC in 2017Hi All,
Its looking very similar to the BTC 2017\2018 market dump and prior, uncanny.
Using the same methods with Fib extensions and so on, I have this bottom level as accumulation and potentially a Adam and Eve playout on the accumulation base.
All the best,
S.SAri
NON-log
CRO/USD 12H: Simple Triangle Pattern👋 Hello and welcome traders to another trade idea with SunnyHillCapital
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CRONOS CRO: breakout probability increasing in 70 daysNarrowing channel is continuing.
- Most staked cards during the last FOMO
- 180 days in lock
- CDC cannot lose the customers and their locked CROs
All possible operations are taken in place to support CRO before the 180 days' card lockdown of most users is opening.
No financial advice.
Super Bowl LVI crypto commercialsCrypto .com & FTX are crypto brokerages advertising for the Super Bowl LVI. There are an estimated +100 million viewers for the Super Bowl on Sunday. I fully expect CRO/USD and frankly the entire cryptocurrency market as a whole, to be bullish on Sunday. Here's CRO/USD 4hr chart levels:
52 week high = $0.969
52 week low = $0.079
7 day high = $0.541
7 day low = $0.429
SMA233 = $0.447
SMA144 = $0.428
SMA89 = $0.449
SMA55 = $0.465
breakout = $0.577
R3 = $0.561
R2 = $0.546
R1 = $0.530
pivot = $0.515
S1 = $0.499
S2 = $0.484
S3 = $0.469
breakdown = $0.449
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CRO Breakout becomes more probableThere is a massive chance that Crypto.com CRO is a big benefitter of the final ALTCOIN season.
- Superbowl coming
- masssive advertising
- crypto firms bullish
- new stadium partnerhip
- Apple to add crypto functionality
- Gucci to buy Sandbox land
No financial advice.
Please notice this warning in the Long-term: