CRO/BTCCronos breaking out in Bitcoin value, this shows strength towards CRO buying power priced in CRYPTOCAP:BTC and it will likely be trending toward the upside over the next few weeks.
✳️ Cronos Bottom Catch? Another One (1,000%+ In 2021)Cronos produced more than 1,000% (10X) in its 2021 bullish wave and there is possibility for something similar this time around.
In this chart we can see the 2021 bull-market on the left side and going from left (Feb. 2021) to right (June 2023) we have a long-term higher low.
Here you can see a ve
CRO AnalysisOn the left we an see price hitting 0.5 fib which has been previously seen as a support area, also aligning well with the green uptrend line
On the right the Gaussian Channel indicator shows the middle band as a point of support, price on this BTC pair is just above this Middle Band right now
BTC Dominance increases, 100-360 DAYS until reversal for CronosExpectation based on historical analysis is that Cronos will oscillate against BTC, scenarios:
1. either BTC to rise in value
2. or Cronos to drop in value
so that proportionally Cronos to fall below the long-term trendline.
CROBTC Weekly chart showing bullishTextbook bull flag formed ready for a breakout?
The bull has formed within a bearish descending triangle.
Which one will suffice?
Comment below.
CRONOS CRO in the BTC converging channelBTC is acting as a strong resistance level for CRO. In order for the breakout to occur, CRO should break out the long-term converging channel -- otherwise, it is smarter to buy just BTC instead of CRO.
No financial advice.
Crypto.com CRO with 300 days converging channel forming?CRO may be forming a 300 days converging channel. Be patient.
Super stressful accumulation period may be coming.
Short-term
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- SuperBowl expectations may be too low or too high
- Launch of Crypto.com Exchange US, unexpected results
No financial advice.
CRO oscillating against BTCLast time, we had 87% drop against BTC with CRO. Historically, it is more probable that either CRO will drop or BTC will rise proportionally more against CRO.
- is this behaviour an anomality or is it because Crypto.com can control and affect CRO the most?
- no support with moving averages (illust
CRO Volume not yet on the level for parabolic run of AltseasonAltseason is somehing predicted and expected, #CRO could be a major benefiter.
- The volume of #CRO is not yet on the level I would expect for the explosion
Be patient. This can change very quickly!
Not financial advice.
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