CRO is progressing along the pattern I’ve been suspecting, however, the pennant just expanded to the final adjustment, I think, which allows until Monday evening before the next up love begins. I do believe a big green candle will take place but just a feeling.
This is not investment advice and you should not make any trades based on my reads. This is just me...
Price is closing consistently outside the pennant flag on the shorter timeframes. This is a good sign that the continuation is close. Price is just creeping out sideways, at some point it’ll move up more quickly.
My assessment that price would continue up last night was off by a day, as the market structure kept developing and price action caused the pennant flag formation to get bigger. It does look like this continuation of the upward price action will continue by midnight, as we’re deep into the apex of the flag and on the 4-hour price is sitting on top of the 21-day...
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...
CRO's current chart on the 4-hour may be the first significant signal that the shakeout is over and the bull trend is resuming. The price closed solidly above the downward trend line and bounced off the 21-day MA. On the 2hr, 1hr, and 30min price charts, price is still trading underneath the 21-day MA, but a little bump up in price and price will bring it above on...
CRO seems prime for another leg up. After a few days of strong upside it’s running into resistance on the weekly chart, but even though it is at a current high, not all-time I’ll add, CRO still has significant upside potential .
CRO is consolidating strongly after breaking out of a pennant consolidation - on all charts 4-hour and under it can be seen, you will...
Watch closely. Daily candle closed under the 21 day moving average. Then popped back up today with a green engulfing candle in the daily chart.
Wiki needs to close over the MA to confirm but does look like Wiki is doing so now. Seems like a good point to enter this trade, however, without a green candle close above the 21-day MA and preferably a 2nd daily green...
After achieving a peak on Tuesday PM, Wiki Cat seems to be consolidating for another run up. On daily candles and shorter time frames Wiki has a consistent pattern of symmetrical triangles, and is currently forming a symmetrical triangle after crashing down from Tue peak.
As a matter of fact, if you take away the candles that formed Tuesday’s peak, the...
