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CROUSDT Perpetual Contract

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CROUSDT.P trade ideas

Fundamental analysis for CRO. 10x user growth YTD?Hey guys and girls, for such a long time I have been following everything CRO related and nobody has ever talked about their customer base growth. Which I think is very important, cause a lot of new users are potentially getting a card and staking some CRO for it, that means that the circulating supply will get smaller and smaller. I won't get into speculating how many people are staking for the card just because I don't have any previous data points or anything. I can specualte on user growth, cause I have previous data, I have some pieces of information from CEO-s AMA in July, I have twitter user growth(www.socialtracker.io) which is connected to real user growth and I will put here all the sources and calculations that you can go through yourself. So from October 2020 to February 2021 their usebase grew from 5 million to 10 million, they did not have any big campaigns in that timeframe and the user growth was 2x in 4 months, that means 8x in a year. By now it has passsed more than 2x the time, so based on previous performance, they should have 10x2x2=40 million users But I would believe that they have growed even faster because in that period there has been a lot of promotions: February Tesla campaign March Aston Martin F1 March Crypto Credit promotion June Formula One partnership July UFC partnership August Legia Serie @ partner September PSG partner Septmeber Philly 76ers October Matt Damon Second thing I have keeped my eye on, is their twitter followers. It has been growing around 4.2% per week, that would make yearly growth 7.5x comes pretty close to the same number. Third thing that promises huge user growth is CEO Kris Marszaleks AMA: www.youtube.com 3 minutes into the video he says that in the first 6 months of 2021 they increased active customerbase 6X Now you can speculate yourself on how many people stake for the card, at the current price, Tier 2 requires 1000 CRO, Tier 3= 10 0000 cro, Tier 4 = 100 000 CRO. In my head 10%, 1%, 0.1% seemed like totally reasonable numbers. Just look how much CRO will potentially be locked up. Additionally there is 3.51 billion staked on Mainnet. If the past performance continues, then we should hit 100 million users in another 4 months. But just think about how much money has poured into promotion, look how much videos there are on youtube about CRO lately, there is a huge HYPE around CRO. Now there is ONE MORE very important thing, all the social media campaigns do not work that good always, because person might look at it for a moment but if he isn't interested he scrolls and skips. Here comes to play Crypto.com-s $100 million campaign with Matt Damon that will be aired in 20 different countries. Here is a basic marketing rule, If a person isn't interested in your product, then he needs to see the commercial 7 times to get interested. If you are watching live TV programme, then you CAN'T skip the ads. And to be honest, that is one of the best commercials I have seen in my life, and with a really good and popular actor. So I think that for next couple of months they will do very good, and attract the attention of people who have no idea of crypto.com right now.
Long
by Tauriito
2
CRO/USDT - Cryptocom Token.CRO has been on a exceptional run lately. Personally I don't think this run I over. I believe we are having a cool off which is very normal, especially when the token has done a huge amount of percent in the past week. We could be seeing numbers like 0.34 - 0.32 then 0.30 if the yellow trend line is broken. There is 1 positive to this pullback, we do need to come down a slight more to form a hidden bullish divergence. As long as we don't break the structure of 0.32 the divergence is still forming, and we remain bullish. - kryptokian :)
by tradingwithkian
3
CRO struggling to break resistanceCRO has heavy resistance at the solid yellow line. Currently in a rising wedge which has top line made up of a longstanding support/resistance. The bullish falling wedge it previously broke out of has a target that coincides with it's 1.618 Fib level ($0.457'ish). The rising wedge it is currently in has an apex that also ends at the 1.618 fib level. If this breaks above the solid yellow line of resistance, it might tap the 1.618 fib level before testing support. Probability says this will break down from the rising wedge where it is currently at though. It might find support at the 0.65 Fib level or at $0.326. NFA.
Short
by bitloss
CRO!? short and then long after 35/36centAfter this pump which brought a nice 266% also selling CRO to buy lower, I think there could be a significant retracement bringing prices back to the 35/36 cents threshold. Already now we have a higher altitude and therefore we could go down to the altitude mentioned above. I hope a Chyper will form to aggressively return to LONG and buy back CRO. I also used the Pitchfork, excellent for double highs / lows to give me a target that reaches about the Chyper end quota at 78.6, to give me the okay of the long and the purchase of the CRO. What do you think about it??? N:B I know that the Cypher at point "c" must be at least 127.2 FIB, but in cases like this I risk dirtying it a bit
by Cryptodreamer88
CRO LONG!!I propose a very fast analysis with TF at 1h. Formation of a falling wedge in the final stage, take into account the old support which formed a double top and which now serves as resistance. Personally I believe that the price can only go up given the news regarding Cronos and I give 2 chances based on my hourly analysis. The first is a retracement on the cluster during the Pump on November 5th which is circled in green, LONG limit order at 0.327 cents for a greater gain which I hope will cross with the occurrence of Cronos. The second possibility if this does not happen is a new bullish trend immediately with a break of the resistance at 0.35 cents, possibility to enter the market and ride the wave. what do you think about it???
Long
by Cryptodreamer88
3
Cro/usd CRO weekly chart is currently in rising broadening wedge and just hit top trend line. Cro is now at new ATH but got rejected at top of wedge. I'm thinking we come back down to 0.20 area the Lil to no support stopping us from retracment. MACD just flipped bearish divergence which is a sell signal. Anthing could happen in crypto and it shoot to a dollar but from a TA point of view a retracment here to 0.20 is very likely. This is one of my long term holds so I'm not selling anything but if ur looking for good entry I would be patient and wait for 0.20 Not financial advise. DYOR. On 4hr chart we seem to be painting a bull pennant continuation pattern which have a 68% chance of a break upside. But sense macd crossed bearish divergence there's a good chance this will break downside.
Long
by thecryptoprofit0818
CRO symmetrical falling Triangle, possible breakout incHello! After reaching a top @ 0.395 it has the last days formed a falling symmetrical triangle, which can be a bullish signal. Wait for it to break the upper side of the triangle and wait for at least 1 -2 candles to form for breakout confirmation, that will be a good entry point! If it, however, falls below the triangle that will be a bearish sign and it might form a downtrend for the future, falling to the levels in the chart. Remember, this is not financial advise,but rather my own idea on how it CAN play out! TP 1: 0.398 TP 2: 0.42 Remember to use SL, always! Happy Trading,
Long
by dainex64676
2
CRO is pullbacking, long term potential!Hello! It seems we have met a new resistance @ 0.365 after a strong bullrun since 1st November. After watching the RSI at 80 overbought area, Price is probably gonna dip again to either 0.29 or around 0.33 (previous ATH) for bulls to come in again and push it further up! If it however crosses the resistance level we might see even further increase, and this coin is on fire right now. I believe strongly in this company and its products for especially long term investment, i've been holding on to it for over a year now. I also believe 1 Dollar price is not too far if it continues like this! Buy the Pullback as shown in the chart (0.29 - 0.33). Happy Trading,
Long
by dainex64676
3