Weekly update - Crypto.comWe've bounced on the 78.6% Fibonacci retracement and should now get back to the highest high in a few weeks.
CROPERP trade ideas
CRO ready for a breakoutCRO has been in a devastating bear market since September. However, this past month or so has seen signs of a reversal breaking out of its ending diagonal. During the pullback in cryptos, CRO has shown strength and has exceeded resistance, but not yet closed above it. However, it does appear to be doing that very soon. And if it does, lots of runway for the bulls with only serious resistance at 0.155. Good luck all.
CRO/USD - Further gains incoming? or correction? Quick CRO chart-
Break from previous 36 day resistance, now watching to see if it pushes through the next level.
Will be targeting 22% if Bullish entry taken.
Still prefer the lower entry options but the boat may have been missed there.
Patience important as a rejection here may see a 9% dip for a better buy-in price but keep an eye on it. If it moves north it may move fast.
RSI and MACD suggest a correction but the markets aren't exactly following the playbook at the moment.
As always not financial advice, just my thoughts and TA.
Bingaz.
CROUSD, CRO Chain seems like it wants to go long.CRO Chain seems like it wants to go long.
Two points of structure have already been broken and now the retest is in play.
HITBTC:CROUSD
CROUSD 1hr ://scalp algo with small pump from CROScalping ALGO with CRO
_ETH is driving this CRO slight pump with fiat close behind. IF BTC pairs can catch up she could see a 10 to 15%%%% pump. Dont fall for thinking this is a CRO reversal. she is still tryn to find support and flip the resistance ie positive market cap on the daily...
HGM
CRO Chain, Inverse head and shoulders HITBTC:CROUSD
CRO Chain, Inverse head, and shoulders lower levels of support holding, I will start staking at these levels.
Shooting star candle uptrendAs you can see it won't be long until it's too late to hop on the gains! 📈🔥🔥🔥
CryptoCom This coin gonna come back when everyone was in dispair after his crash. just look at Volumes bars.
And they have also one big advantage that others Exchanges don't have... the name Crypto.com ..... when noobs new buyers will arrive, they will not google "Binance"... but google : "Buy Crypto"!... and the first one they will see is "Crypto.com"!
Easy Trade :
TP1 = 0.095$ (Daily EMA50)
TP2 = 0.11$
TP2 = 0.14$
Happy Tr4Ding !
CRO (crypto.com) Reset. LONGAfter a fear time, it shows the possible end of the bearish station. In the middle of 2021, I expect the price shows us a new top.
CRO near the bottom?In the past we had some bearish divergence, and a drop followed. Now we have some bullish divergence and a cross on the MACD. So i'm starting to think that we (almost?) reached the bottom. If not, 2.5 cents is the next bottem, and that's the only place where i would buy more but i don't think we will go there (cards would be very cheap then).
If you don't have a card yet, i think now is a OK time to buy a 2.5k or 25k CRO card. Higher than those is always a big risk. I'm a fan of the cards and i use it a couple of times a week. For those who are interested: I have an Icy white.
The reason why the price is pretty low is because of some bad decision from crypto.com(CDC) and they made the community a bit unhappy, i talked about it in my previous post about CRO. Now there are some more restrictions on cashback with the card, that's why it is still going down is my guess.
But not everything is negative, they are a crypto company with 5 million app users (this does not mean that every uses it, they just have an account) and working products: like the cards, exchange, earn, pay, ... So when all this negativity blows over, i think CRO will go back up. Best time to buy is when everybody is panicking. If you are planning to buy some CRO, maybe wait until we closed above the red line (20 day MA).
Also there is only 21.7 billion CRO in circulation, and 78.3 billion in the hands of CDC So the price can easily be manipulated.
let's wait and see!
CRO (crypto.com) probably bottomed downCRO looks like it reached the bottom, RSI (12h) was on the bottom for over a month now, and it's cooking the bullish divergence now
CROUSDT vs CROBTC 15min :// BTC... THE BLACK HOLECROUSDT and most non BTC pairs are up. BUT even with cro at PLUS 2 percent the BTC pairs are negative.
This indicates that USDT and USD type pairs are driving these pairs with BTC and ETH eating alot of the profit. On the other hand with a small push from BTC pairs these tokens can fly. Either way we still think CRO is not done falling. MAYBE not that .02 but certainly around the .04 to .05 range
CRO USD Volatility Bounce / Short long termCRO has been dropping fast following a lot of community drama over changing interest rates for CRO staking. CRO may have a small short term bounce as speculators buy the dip, but the overall trend is likely to be downward int he medium term. CRO's actual utility is limited, and it's entire value at present is essentially tied to interest rates (which were dropped without warning) and trust in Crypto.com management, which has taken an unprecedented blow. Couple this with the history of MCO and Paypal competing in the same space, and there is simply not much reason this coin has any value at all.
TLDR: Coin has lost underlying value. Pure speculation keeping it afloat, likely to collapse further.
Crypto CROUSDTPrice starting to stabilized last few days.
I think should be good time to start accumulation between 0.70 - 0.85 range.
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CRO at FIB 0.618 - Bad news or tecnical, what counts ?After a lot of bad news regarding CRO it has reached FIB 0.618 (bottom of golden pocket). Im very curious how this plays out... up or down ?
