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Cronos

IT ONLY TOOK 5 MONTHS TO GET HERE - CRYPTO.COM ANALYSISNext up on the list of coins to swoop is CRO/USDT In our previous analysis we predicted the drop down from just under a dollar and identified our current level as a possible bottom for CRO as shown below; Only took us 5 months but we got here lol. Following a zig-zag correction currently, in theory, wave C of this pattern should be 61.8%, 100%, or 123.6% of wave A. If it extends to 161.8% then we can expect Wave C to be a wave 3 of a 5-way impulse move (this is why we should apply proper risk management). Price has currently retraced 100% of Wave A and we'll be hoping it doesn't go beyond our possibble bottom zone aligned with the 123.6 fib support level. Our targets provided we don't drop to the 161.8% fib support will range from $1.85-$3.6 dollars before a top is in. Past analysis linked below. If you agree, pls leave a like, share and comment your thoughts below. As always, feedback is appreciated!
BITTREX:CROUSDLong
by RektMyMom
6
CRYPTO.COM A POTENTIAL GAME CHANGER!Festive Greetings to all. Today we consider the trading pair CRO/USD To start off, we will first look at the fundamental side of things. FUNDAMENTAL ANALYSIS, Crypto.com(CRO) is the next generation decentralized mobile payment protocol, the most efficient and secure way to pay and be paid in crypto, anywhere, any crypto, without fees. Crypto.com Chain will deliver on its vision by developing innovative technology components and processes (inc. scalable encryption algorithm to protect users’ privacy, utilizing trusted execution environments, sustainable price stability mechanisms, user protection via PoGSD) catered specifically to cryptocurrency payment, while leveraging proven blockchain technology structural design elements. Use cases included, but not limited to; Offer some bank-like services - e.g., their Fiat wallet, CeFi/DeFi earn products and their unique Supercharger. Allow you to send payments between CDC Visa card holders. Have special cashback offers if you send crypto to other CDC users or buy their in-app gift cards. Let you top up your phone with crypto. And of course, promote mass crypto adoption with their smart initiatives. In addition, CRO has a chain(CRONOS tho intertwined with the COSMOS chain) that has launched already and CRO is used to pay the gas fees (just like ether is used to pay gas fees on it's blockchain). Whilst the protocol launched it's testnet in July earlier this year, facilitating more than 1.5million transactions already as at early november, CRONOS has announced the launch of it's mainnet beta in a bid to facilitate greater interoperability between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems. The release will enable developers to port decentralized applications and smart contracts from Ethereum and EMV-compatible chains to the Cronos network at a low cost and fast speed due to its Inter-Blockchain Communications (IBC) protocol integration. This will offer accessibility to Crypto.com’s 10-million-strong customer base. Since its launch, the Cronos ecosystem has attracted over 20 validators, including Bison Trails, a number of prominent decentralized oracles, including Chainlink and Band Protocol, wallets MetaMask and Crypto.com, as well as partnerships with decentralized finance, nonfungible token and gaming platforms and projects. Whilst having such solid fundamentals, It is still yet to be listed on the biggest exchange by volume which is BINANCE, along with other giants like KRAKEN, BITSTAMP, & BYBIT as well. TECHNICAL ANALYSIS; Respecting the Ascending Trendline still, a 5-way impulse move(GREEN)->(it seems) started late 2019 is currently in it's 4th (correction) wave. RSI also far from it's ascending trendline, a return to it's trendline along with Price action doing like wise will be great confirmation. QQE indicator suggests the first scenario will play out, signalling a short position. (Great indicator btw by @lmatl, his scripts have helped me a lot) Red(0.79) is for stop loss Blue(0.41) is the 1st target Green(0.22) is the 2nd target. Best area to open a long is at the trendline. If you agree with this idea, pls leave a like as well as your thoughts in the comments section. Feedback is appreciated as always.
BITTREX:CROUSD
by RektMyMom
2
Cronos From Crypto.com Can Be Finishing A Corrective DeclineHello Crypto traders, today we will talk about Cronos coin from Crypto.com in which we see deeper and bigger (A)-(B)-(C) correction from the highs that can be approaching the end soon. The main reason why Cronos looks corrective is an Elliott wave running triangle formation in wave (B) in the middle. In Elliott wave theory , we know that triangles cannot occur in wave (2) as part of a five-wave impulse, so it must be wave (B) which indicates for an A-B-C corrective movement. Triangles consist of five waves A-B-C-D-E. Triangles also suggest that the final leg is coming before a reversal, so in our case wave (C) before it finds the bottom. As you can see, CROUSD chart is already breaking out of wave (B) running triangle pattern and wave (C) can be already in progress. Ideal support we see at the starting point of mania cycle back in October 2021. If we also consider equality measurement of waves (A)=(C), then ideal support zone comes around 0.20 – 0.15 levels and from where we will expect a bullish reversal. Happy trading! If you like what we do, then please like and share our idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
FTX:CROUSD
by ew-forecast
3
CronosThe capitalization of Cronos tends to zero. Cronos remains under pressure as part of a semi-annual downtrend, and the prospects for recovery are fading every day. As long as the coin remains below the key level of 0.5000, Cronos remains in the red color of the quotes. The current support level of 0.3000 gives hope for a short-term recovery, followed by a test and a breakdown of the trend line of the semi-annual downward channel. In the event of a breakdown of the trend line, the target of 0.5000 opens, in this case, Cronos has every chance to update the price maximum.
FTX:CROUSDShort
by Kuznetsov_Sergey
Play That Crypto.com Coin / Cronos ($CRO-USD) Bounce! 💯What Is Cronos ? Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company. Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app. In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well. CRO went live in November-December 2018. Who Are the Founders of Cronos? Cronos was launched by the Crypto.com company as part of its vision of “putting cryptocurrency in every wallet.” Crypto.com itself was founded in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao. Kris Marszalek, an alum of the Polish Adam Mickiewicz University, has founded and headed three companies prior to starting Crypto.com: consumer electronics design and manufacturing business Starline Polska, location-based service mobile app and platform YIYI and the e-commerce firm BEECRAZY. Rafael Melo earned his bachelor’s degree in engineering from the PUC-Rio. Over his more than 15-year-long career in finance, Melo has worked with major companies in Asia and helped secure over 50 million AUD in funding for the Ensogo social commerce website. Gary Or is a software engineer with over nine years of fullstack engineering experience. Prior to co-founding Crypto.com, Or worked as platform architect at Ensogo and co-founded the mobile app development firm Foris. He received his bachelor’s degree in engineering, computer science from the University of Hong Kong. Before helping launch Crypto.com, Bobby Bao worked in the M&A department of the China Renaissance investment bank. Bao has studied at the University of Melbourne, NYU Stern School of Business and the College of William & Mary. What Makes Cronos Unique? CRO blockchain is mainly focused on providing utility to the users of Crypto.com’s payment, trading and financial services solutions. CRO owners can stake their coins on the Crypto.com Chain to act as a validator and earn fees for processing transactions on the network. Additionally, CRO coins can be used to settle transaction fees on the Cronos Chain. Within the framework of the Crypto.com Pay payments app, users can get cashback of up to 20% by paying merchants in CRO and up to 10% by purchasing gift cards and making peer-to-peer transfers to other users. When it comes to trading use cases, the Crypto.com App allows users to earn token rewards for select listings by staking CRO. Additionally, users can earn annual interest of up to 10-12% on their Crypto.com Coins by staking them on either the Crypto.com Exchange app or Crypto.com’s metal Visa Card. Overall, CRO acts as an instrument that powers Crypto.com’s drive to increase the adoption of cryptocurrencies on a global scale. As such, the company is continuously working on finding and developing new use cases that will allow users to leverage the cryptocurrency to enhance the control they have over their money, data and identities.
COINBASE:CROUSDLong
by Bullishcharts
1
CRO daily...whoa, are you ready for this?CRO Daily chart: well where do we start...the company is screwing everyone with there horrible cuts in % staking rewards along with many other features going into the toilet, but, the chart is playing out how it should. Take a look at the white consolidtion box... .50 and .32 were the support and resistance levels...and the DeMark 9 has read a triple bottom...only thing, it wicked under the support but is holding right at it...I feel the sell off is bc of the horrible email users recievecd over the lst couple days...lets see if it will hold support here and make a move to the upside... the retracment to thje golden pocket would be a nice spot for it to get back too and i could see that scenaro if we hold here...if not, $0.22 could be the elevator down to. RSI is way oversold as well which makes it a great floor.
Long
by bylerzone
10
Cronos (CRO) - April 25hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CROUSD 1D Chart) To turn into an uptrend, it must rise above the 0.4608-0.4802 section. Therefore, the interval 0.4608-0.4802 is an important interval. Below 0.3645, it is likely to enter the mid- to long-term investment area. (buy) - After confirming the support at 0.3952 (Stop Loss) - When it falls below 0.3645 and receives resistance (Sell) - When receiving resistance in the 0.4608-0.4802 section - When receiving resistance near 0.5632 A box interval was formed in the interval 0.3786-0.4608. Therefore, if the movement continues in this section, it is expected that an uptrend to turn up is expected. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
COINBASE:CROUSD
by readCrypto
Cronos (CRO) - April 5Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (CROUSD 1D Chart) (buy) - After confirming the support in the 0.4608-0.4802 section (Stop Loss) - When it falls below 0.42 - (Short-term) When you find resistance by dropping below 0.4608, it's a good idea to sell some and check for further movement. (Sell) - When receiving resistance near 0.5632 - When receiving resistance in the range 0.643-0.69 ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
COINBASE:CROUSD
by readCrypto
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!
FTX:CROUSDLong
by ModesTr6d9r
1
CRO (Cronos) Crypto.com Potential Swing Long Set Up$CRO is currently breaking out from the trend resistance line. It has retraced back to the 0.382 Fibonacci Level dropping around 66% since its all-time high. Like most breakout out we could potentially see a move back down to retest the trend resistance. Due to the overwhelming publicity, and sponsorship from large several large companies and corporations, in the long term, $CRO will hit $2 in the next few years. Trade Type: Swing Long With Leverage: Cross 5x - 10x - 20x High-Risk might want to wait for the retest from the breakout Signal Entry: 0.2813 - 0.3757 - Market Order (Higher Risk) Fibonacci/Targetsi 1) 0.236/0.5413 2) 0/0.9752 3) -0.272/1.219 SL) - 0.2813
Long
by yoyokenwan
CRO Finished With Retracing I Think CRO had Finished with retrace. We Can try a Entry from Here. But i Suggest to Put Stoploss. I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade. Aprox. All Crypto Currencies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis If You Like My Work Just Come and Join Me. CRO
Long
by MoonTradingForecast