Hello all,
Thanks for stopping by.
CRO coin looks to be consolidating in a parallel channel. The last time it recovered from a massive dump, it had consolidated in the same fashion. I believe we should see CRO slowly trend upward and break-out again soon. My price targets are set. As long as BTC doesn't dump, I will continue to follow this chart.
Thanks for stopping by.
CRO coin looks to be consolidating in a parallel channel. The last time it recovered from a massive dump, it had consolidated in the same fashion. I believe we should see CRO slowly trend upward and break-out again soon. My price targets are set. As long as BTC doesn't dump, I will continue to follow this chart.
Commento:
After BTC dump, CRO coin recovered flawlessly. As you can see, it is back to consolidating in between the purple channel again. I believe it should be trading in this channel for the next week, then we should see a price jump. We need to break 0.1950 and close out the daily candle above 0.1950. Once it retraces back down to 0.1950, we should see it turn into resistance. That will be our confirmation to then long from there. Once we see a retest, turning the purple trend line into support, we should see CRO fly.