CROUSDT.P trade ideas
$CRO/USDT 12h (#Bybit) Rising wedge on resistance⚡️⚡️ #CRO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Current Price:
0.44340
Entry Zone:
0.44450 - 0.45820
Take-Profit Targets:
1) 0.41120
2) 0.38550
3) 0.35810
Stop Targets:
1) 0.48355
Cronos is facing 100EMA, it seems likely to reverse again and resume the retracement down after.
Risk/Reward= 1:1.25 | 1:2.05 | 1:2.9
Expected Profit= +26.70% | +43.77% | +61.98%
Possible Loss= -21.39%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
Tags: #CROUSDT #CryptoDotCom #CryptoComCoin #CEx #Payment #App #Earn #Wallet #DeFi #SolEco
Website: crypto.com
CRO: Symmetrical TriangleMajor Pattern: Weekly Symmetrical Triangle
Confirmation could be seen by the end of March if 0.5281 on the upside or 0.3292 on the downside
Crypto.com CRO - Ascending Inverted ScallopThe focus on the last part of the course is where we keep an eye on.
The Ascending Inverted Scallop with which we can nicely define the playing field. price target calculated (A - B = $0.15 x 0.64 = 0.096 + B = C).
It also coincides with a Falling Wedge which may be needed to approach the top of the scallop zone. with the slight positive divergence and the price at the bottom of the bollinger band, an upward impulse would not be surprising. does take into account any breakout at the bottom seen on large timeframe that show is present. a possible fakeout based on the goldenpocket shorter trend soon coincides with the 0.382 of the major trend, but if its continues to fall, prices towards $0.40 are not surprising.
Keep calm, trade safe and manage your risk.
*(Disclaimer: This is not financial advice)
CROUSD - Technical short term downtrend (15m chart) - 002A followup to the previous chart
Initial anticipation to hit the 0.39 level and resuming downtrend to the 0.35 short term bottom (in the coming days). This may be further extended with the temporary rally due o the material news of the treasury statement signaling some bullishness for crypto
Looking to see if the rally fails to surpass the 0.41 - 0.42 resistance level, with support levels at 0.37 and 0.35.
Daily chart shows a slightly descending triangle since Dec21. waiting to break strongly either sides before end of Mar22.
CROUSD - Technical short term downtrend (15m chart)After hitting resistance on 02Mar, CRO is now on a technical downtrend with downtrend line resistance turned support. Looking to bottom intermediately at 0.35.
CROUSDT is testing the supportThe price is testing important daily support on 0.40$ where the price bounced several times in the past.
On the 4h timeframe, the price is trying to create a double bottom on it, after a rejection from 0.42$ as new resistance.
How to approach?
We will expect a pullback until the previous support now new resistance on 0.42$ and 0.5 Fibonacci level.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Will the CRO break through the downtrend lines?Hello everyone,
Let's take a look at the CRO / USDT chart on the 1D interval.
Let's start with determining the downward trend line to which the price is heading and also to the resistance at the price of $ 0.436, if we manage to break it, we can encounter further resistance at $ 0.464 and $ 0.496.
Looking the other way, it is worth drawing the support lines that we have in the event of a correction and you can see that the first is at $ 0.412, and the next at $ 0.375 and $ 0.327.
It is worth looking at the CHOP indicator which shows that the energy in the 1D interval is slowly starting to increase, which may give us some movement in the near future.
Buy cro?english:
as we can see in recent weeks the price of cro is falling precipitously after a strong bearish impulse, marked with the red circle in the chart, also given by the fact that there was previously a strong bullish impulse which however did not go well end, in my opinion the price will continue to fall even given today's geo-political situation, in an upcoming bull-run I do not exclude the possibility of seeing cro touching the dollar and why not also the two dollars, this will happen for after we have broke the resistance above the price and reversed, and broke, the bearish trendline.
italian:
come possiamo vedere in queste settimane il prezzo di cro sta scendendo in modo precipitoso dopo un forte impulso bearish, segnato con il cerchio rosso nel grafico, dato anche dal fatto che c'era in precedenza un forte impulso bullish che però non è andato a buon fine, a mio parere il prezzo continuerà a scendere anche dato la situazione geo-politica di oggi, in una prossima bull-run non escludo la possibilità di vedere cro toccare il dollaro e perche no anche i due dollari, questo succederà per dopo che avremo rotto la resistenza sopra il prezzo e invertito, e spezzato, la trendline ribassista.
CROUSDTHi Everyone , Let Check the CRO chart , as you see Cro Moving into the Acsending Channel and Major Trendline is also Acsending , so if market Recovery and dosnt crash expect to see going up to midline , and if break the area target two is access , but if lost this channel you can see the supports in Chart !
Not FINANCIAL ADVICE
The CRO reacts similarly to the entire market with a small correHello everyone,
Let's take a look at the 4H CRO / USDT charts.
The local uptrend line is worth paying attention to as the price has dropped below this line. After today's declines, the support moved to around $ 0.41, and when we break it, we can mark the next support at $ 0.37 and $ 0.32.
On the other hand, it is worth looking at the resistance points that we may encounter in the near future if the price turns back. The first resistance will appear at $ 0.45 while the next we have at $ 0.47 and $ 0.48
The CHOP indicator also shows that the collected energy was used for today's decline and has now been exhausted in the 4H range.
Long-term entry conditionsCrypto.com is under MA40 resistance and located in the Ichimoku cloud in the renko chart. Open a long position if the price breaks up MA40 and Ichimoku cloud. for this price should close above 0.55 In the daily timeframe.
Bullish flag for CROA lot of upside remaining for CRO across 2022. Conservative traders should take profit at 0.8x. Always potential a breakout could occur past $1 and beyond, but it will take some time. But for the time being, there might be some selling pressure on the short term horizon.
CRO Hodler going for LONGAs you see on the chart i pointed some resistance and support levels, lets see how CRO reacts to this levels and if it continues to go bullsih and break some holding points. This is not financial advice, it is just my point of view.
Head and Shoulder seenBreak of neckline will bring target to the 0.42 region. Invalidated if bounce from current level. Trade safe, not financial advice
CRO sitting on neckline support of a H&S, could* breakdown. As we see with CRO we’re sitting on neckline support of the H&S and the vpvr shows support and buying at the neckline. If CRO breaks down we have a near support. Below that is an abyss, haha. Quick little idea for me to look back on later .
CROUSDThello traders....:))
why did i decide to sell? because the confirmation candlestick has been formed on the daily timeframe which forms a pinbar rejection pattern in the supply area at a price of 0.5418.,
thank you for visiting and if you like it please press the like button here I really appreciate it.. :))
So we are at a crossroad ➕➖ whats next ⬆⬇Just to follow my own investment and sharing my thoughts outload .
Remember to do your own research.
MANY good fundamentals things are going on at Crypto com at the moment, you should go study it and not just the hype there is atm becouse of the stadium and add .. but about the firm and there plans .
good hunting
CRO correction on wayCRO is in an Elliot ABC correction i think. After a very strong Impulse patter (12345).
CRO against more resistance.Hi,
Let's take a look at the CRO / USDT chart, 4 hour interval. The price is moving in an uptrend channel.
We can designate the first short-term support at $ 0.51, while the second-place support is at $ 0.48.
A resistance zone between $ 0.55 - $ 0.61 is ahead of us. Breaking through this resistance could give us more gains.
CRO bullish ahead of the Super Bowl If you haven`t sold CRO at the top:
Then you should know that it is one of the most aggressive marketing companies in the crypto space.
I expect them, if not run an Super Bowl, then at least to be extremely bullish before the event and few days later.
My price target is $0.58 followed by a retracement.
The support and resistance play in the chart speaks for itself.
Looking forward to read your opinion about it.
