CRON - I am bullish here. Significant downtrend lately. Nice piercing candlestick with a nice looking RSI. MACD/Price action Bullish divergence. Might need a bit more time but I am watching for break of the downtrend and hold for confirmation.
* I really like this setup.
* I really like this setup.
Note
Looks to have poked out of the patter to the upside and is battling the resistance line here.Trade closed manually
I forgot to update this. I sold when it failed to break resistance. It has since tumbled and expecting to see a bounce off the former trend line nearing support.Closing chart
dafster
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dafster
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.