CRO Prices are Being Leveled by Whales*I'd like to preface this with the fact that I'm a very junior trader and this is not financial advice*
The price of CRO is being held in the 50-60 US cent range by larger players in the market. The primary indicator I will focus on is the Lux Oscillator Premium. This indicator shows any detected industrial activity (IA) in the vertical orange bars, also known as whale movement.
On December 24th at the first white vertical line be we can see that the price of CRO has been climbing rapidly. Exactly at the first white line a tremendous amount of IA is detected and the price levels out for approximately 3 days.
On December 27th we see the second vertical white line where the price of CRO is falling rapidly. Now the inverse of the previous situation begins to occur. To a lesser degree we see IA begin and then the price levels out again.
Being my first Idea on TradingView I'm very open to any additional insight and constructive criticism.
Kind regards,
HazMatt
