Crypto.com (CRO): Price Is Under Pressure / Potential Breakdown
We are back with Crypto.com coin, where we see a good chance for a breakdown to happen.
We are seeing that while the price has been bouncing nicely from the bullish trend, we also have been seeing a few fakout zones near 200EMA.
As we see multiple failed attempts to breakout from EMAs we have not yet seen any attempts for potential breakdown from trend...which might happen soo, as we are under pressure now from both trend and 100&200EMA lines!
Swallow Team
We are seeing that while the price has been bouncing nicely from the bullish trend, we also have been seeing a few fakout zones near 200EMA.
As we see multiple failed attempts to breakout from EMAs we have not yet seen any attempts for potential breakdown from trend...which might happen soo, as we are under pressure now from both trend and 100&200EMA lines!
Swallow Team
Note
CRO coin made a nice movement, touching that lower supportive trend, where we got some sort of bounce from as well.
Although we had small bounce, we are looking for further movement to lower zones!
✅ We got +5.08% of marketprice movement
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Keep an eye on us and you will not regret it. 😉
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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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.