Cronos/Tether
Long
Updated

CROUSDT ://dropped harder than expected

278
Yuk... The scary part is that we would love to load back up on CRO but where is the stability. As low as .6 maybe. Hopefully its more like .10 and CRO builds from here. We really like this project as a whole. The recent moves they are making are def long term plays (reducing API percents as well as providing yield farming and now easy wallet compatibility with other tokens etc.)

Ideally this drops a bit more than consolidates for the next 2 or 3 months but i think .10 might be around the low low maybe bounce of .6 but we will see.

Would love some thoughts on this.

-HGM
Note
See CROBTC

Solid buy single on 4hr chart. Watch for possible wall at around .10 hopefully cro stays in this .9 to .10 cents channel and accumulates here so can make a proper spike in next few weeks or so. If not CRO may stay volatile especially until there is more general market confidence.
Note
This is going better then we thought it would...

CRO sowing sings of accumulation between the .095 and .105 range. If CRO breaks that .9 don't walk run from this one and watch closely for stability. Also BTC pairs seem to control the market at this point. Watch for a change in CROBTC (esp in the 1m to 30min range) these BTC pairs on the short time frame views are great crypto market indicators to next trend.
Note
reducing position until further stability

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