Continuation of my previous posts on Trading View and X. CRO’s strong downward move that started yesterday seems to be over.
After inking 7 straight green 4-hour candles, working #8, and about to break out of a final downtrend line, CRO seems destined to continue its upward trajectory. Today CRO price almost full recovered and I suspect it will ink a strong green candle out of this pennant flag it’s been forming since yesterday. There’s a possibility of a final shakeout down before a strong move out of the w pennant, but I feel price will just move up strong. The price has to close about .3271 to confirm the bull trend is resuming. I suspect the upside move will be significant from here before 8p EST.
After inking 7 straight green 4-hour candles, working #8, and about to break out of a final downtrend line, CRO seems destined to continue its upward trajectory. Today CRO price almost full recovered and I suspect it will ink a strong green candle out of this pennant flag it’s been forming since yesterday. There’s a possibility of a final shakeout down before a strong move out of the w pennant, but I feel price will just move up strong. The price has to close about .3271 to confirm the bull trend is resuming. I suspect the upside move will be significant from here before 8p EST.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.