$CRO Cryptocoin Large Drawdown - Buying Opportunity?63% drawdown on Crypto.com's CRO. Could be a good buying opportunity - watching BTC as a leading indicator.
CROPERP trade ideas
CRO Rounded Head and ShouldersMust be looked at in a parallel fashion to observe the head as a Head
An observational post
$CRO is still in price discovery mode. Rejection at 50 Week EMA.NOT FINANCIAL ADVICE.
I enjoy using my Crypto.Com VISA debit card because it is both convenient and enables me to 'cash out my crypto on a whim.
There's a 3rd reason too, and that is the benefit of earning $CRO as cashback, whenever I make purchases.
So in a weird way, spending my crypto lets me earn back crypto.
$CRO is still very much in price discovery mode, I do strongly believe.
Here we see a price rejection along the 50 Week (orange) EMA trendline.
Its price action is seeing wild swings, and oddly enough at the same time rendering a beautiful expanding wave-like structure, despite the massive occasional upper wicks.
I suspect that we would see $CRO spending some time (days~weeks) trading in this price levels before it makes a move for its next wave up.
This $CRO Daily Chart also sees it face stiff resistance at the 20 Day (red) EMA trendline.
We also see the 50 Day (orange) EMA crossing below the 200 Day (green) EMA.
I'd like to have the opportunity to perform an Elliot Wave analysis to supplement these EMA movements, but $CRO's price actions have gotten me stumped.
While I very much enjoy using Elliot Wave analysis these fluctuations are proving too hard to read, exacerbated by the less than a year's worth of information available.
Although these EMA readings slant towards a bearish outlook, I do believe that $CRO have potential to 2x~3x by year's end (NOT FINANCIAL ADVICE!!).
Until next time, happy trading~
$CRO - A good long term hold. $CRO - Outlook for the next few weeks. Not looking too pretty. Leading diagonal from launch, which gives me a lot of hope for the future....Wave 3 should be pretty intense when all is said and done. No Odin Zone, but if you want to stake or hold some spot, that bottom trend line would be a great place to invest your money for 1 year or more.
Crypto.com Coin (CRO) - May 27Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(CROUSD 1W chart)
(1D chart)
We need to see if we can get support at 0.125158475-0.138123901 and get off the downtrend line.
It is important to gain support at 0.125158475-0.138123901 in order to turn to an uptrend.
If it falls, you can touch the interval between 0.055408632-0.081357914, so you need to trade carefully.
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(CROBTC 1W chart)
(1D chart)
We must watch for any movement that deviates from the 299 Satoshi-337 Satoshi section.
If support is gained in the 337 Satoshi-357 Satoshi section, it is expected to turn upward.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Moon shot to .20 centsHello all!
I like to use three indicators for my trades: MACD, MA, and RSI. CRO looks more bullish than ever. I expect a trend reversal straight to .20 cents. Keep your stop losses tight. Good luck!
CRO TOKEN! UPDATEDCrypto. org Coin ( CRO ) is the native token of the Crypto. org Chain.
It was created to build a network of cryptocurrency projects, and develop merchants’ ability to accept crypto as a form of payment.
Businesses can use Crypto.com pay Checkout and/or Invoice to enable customers to complete checkout and pay for goods and services with cryptocurrencies using the Crypto.com Wallet App.
Businesses receive all their payments instantly in CRO or stable coins, or in fiat. CRO is now available on DeFi Swap.
Users can swap CRO , be CRO Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO .
The Crypto. org Coin price page is part of Crypto.com Price Index that features price history, price ticker, market cap and live charts for the top cryptocurrencies.
CRO TOKEN!Crypto.org Coin (CRO) is the native token of the Crypto.org Chain.
It was created to build a network of cryptocurrency projects, and develop merchants’ ability to accept crypto as a form of payment.
Businesses can use Crypto.com pay Checkout and/or Invoice to enable customers to complete checkout and pay for goods and services with cryptocurrencies using the Crypto.com Wallet App.
Businesses receive all their payments instantly in CRO or stable coins, or in fiat. CRO is now available on DeFi Swap.
Users can swap CRO, be CRO Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO.
The Crypto.org Coin price page is part of Crypto.com Price Index that features price history, price ticker, market cap and live charts for the top cryptocurrencies.
CRO:USD Bullish Falling WedgeWe finally have some bullish signs on CRO:USD.
First, we have a Bullish Falling Wedge, then we have a slight Bullish RSI Divergence and in the Stochastic RSI the momentum is to the upside.
The first target is 0.194, the next one 0.214, and once we beat 0.24 we are again in price discovery mode.
Who knows, we might just blast through as we did once before ;)
What do you guys think?
(not trading advice, I'm not your financial advisor, do your own due diligence)
CRO will soon come out of its rangeI am particularly bullish on this blockchain! crypto .org is still only in phase 1, there is a lot of novelty!
this long range has allowed people who entered at 0.04$ to take their profits!
I am aiming at 0.35$ and 1$ by the end of 2021!
CRO GartleyCRO painting a potential bullish Gartley with a backtest of the Spring, together with double bullish div. on RSI and bull div. on MACD Histogramm and Stochastic. This could Signal that the Bottom is in for this massively undervalued Coin. If Elon Musk manages to stop tweeting trash and BTC could stop being a Diva, we could have a very nice reversal painting on CRO. Btw. With the investigation of Binance by the SEC, it creates alot of Arguments for Crypto.com, which almost every week gets a new approval or certificate from Regulators worldwide.
CRYPTOCOMFast trade. Demand Zone is now for a Quick 20%.
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Buy now.
TP1 : before 0.18$ (Security TP)
TP2 : before 0.25$ ( Only buy if it breaks 0.19$ )
TP3 : Before 0.30$ ( Only buy if it breaks 0.255$ )
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Always check BTC movements to stay safe!
Happy Tr4Ding !
Massive dip breaks CRO's Trend LineObvious is obvious.. Let's see if it can get back on track. Looking for CRO to eventually come up to trade out the open price point between 0.21 and 0.22
CROUSDCRO / USD rejected from the Fibonacci 618 level from where I bought and even now it closed above the Fibonacci 0.5 level and now I will look for BUY to the 0.22 area in the next period!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
CRO about to fly?$cro looking like it has double bottomed and could signal a reversal with a break above the .5 fib level which is also the W neckline (.1956 cents). Target would be .218 cents if it breaks.
Wait for confirmation on HTF candle close. DYOR and GL!
3 Signals for buy CROHello everyone
Today I saw something awesome in chart, as you see on my chart there is 3 signals for buy, and ANGLED volume confirms it because last time when we we fell out from it we got so nice pump.
Lets wait and see whats happen.
The best invest for you guys!
good luck
CRO - Crypto.com COIN ANALYSISOne of my favorite projects. Needs above monthly pivot (white line) and above weekly (yellow).
Will consider longs there.
CRO:USD Uptrend Held BeautifullyAs you might have read from the title, the uptrend is clearly visible and it was held beautifully even during the recent selloff.
There is resistance at 0.24 that needs to be broken for further upside and then we have the upper trendline of this uptrend.
If we perhaps break to the downside then we have the following targets: 0.173, 0.165, and 0.15(ish).
We must see how the market turns in the near future and prepare our plans accordingly.
(not trading advice, I'm not your financial advisor, do your own due diligence)
CRO playing the FIBFib levels holding true on this chart. Bounced nicely off of .618 but rejecting at .5. bitcoin is the leading indicator of weather we breakout to next fib level target.
Crypto Market & CRO Technical Analysis & Predictions 4/19/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade (long or short) any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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CRO ready to run with the bullsCRO looks to be in perfect position for the next rally. On the long term view it's already completed waves 1 and a very sharp wave 2. It's broken out to ATH recently and has pulled back with the rest of the market. On the hourly chart it has a textbook Elliott Wave pattern. And since the completed 5 wave pattern did not exceed the ATH, it looks it's just the beginning of a 3rd of a 3rd wave which should power it to new ATH and beyond. I think it's a great entry point right here.
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