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CROUSDT trade ideas

CRO Price update 25th of NovemberKUCOIN:CROUSDT We saw a good run on CRO that played out pretty well as my previous analysis of the coin back in mid November. CRO is currently retracing back to the lower support at around 0.7 $ area we could see a bounce sooner but I think 0.7 cent is on the table seeing the explosive growth we got in the last 2 weeks without a real retracement. After some consolidation I think CRO is going to go up again and finally hit that 1$ milestone this year.
by MoneyBagTrading
7
CRO, H&S Pattern, should we worry?Hello! This is just my personal take on it but for me it seems like it is forming a H&S Pattern, wich is a "Bearish Sign"! I would watch the area around 0.75 - 0.76 (Yellow Horizontal line) for possible breakout to the upside again though. IF it passes that line i guess it CAN move further up again, however if it fails and goes down agin (Following the red curve downward), i guess it's a major bearish sign unfortunately! A critical moment? Happy Trading!
by dainex64676
3
Stock up on CRO1. CRO has been spending so much money on their marketing and this would benefit them significantly down the line as they gain more users. 2. As far as I know, Crypto.com is the only crypto website or one of the few that offers a card to its users. 3. To get a card on Crypto.com, users would need to lock in their coins for 180 days, this reduces the selling volume on CRO. 4. It is trading in an uptrend channel and will continue going up. (Feel free to follow the trading plan or hold all the way up)
Long
by ReverieTrader
7
CRO/USD - Correction in progress, $0.60 must hold, else...CryptoCom Coin had a fantastic rally in October and the first half of November. Now, the price appears to have finally hit a major resistance, which is not surprisingly found at just under $1 dollar. Such key psychological levels will always represent turning points in the price action, and CRO is no different. Despite the ongoing correction, CRO’s performance this week was stellar, with a 40% price increase. The current support is found at $0.63. However, considering the past rally, CRO might not only correct to the Fibonacci 38% retracement, and it might dip even further. Looking ahead, CRO’s indicators on the daily timeframe have curved back down after the major rally in the past couple of weeks. This is a clear warning sign, and if CRO breaks below $0.63 support, then things could get even uglier with price falling at half a dollar. Like and follow if you liked my idea!
by DU09