CRO broke out of a daily descending wedge pattern after bouncing off strong support at 0.3197 level. Descending wedge patterns are one of my favourite chart patterns as there is a strong push when they do breakout.
0.3197 has been an area of demand for CRO as it has been tested a few times previously but did not break.
There is also support at 0.4 area (both a psychological level and support line), and I would like to see it hold before it continues up. If it does not, there could be a possible retest of the breakout area which is the trend line before we see more buyers come in.
I would like to see CRO break above 21EMA with VOLUME when it does go up, a strong indicator that there would be more possible upside.
0.3197 has been an area of demand for CRO as it has been tested a few times previously but did not break.
There is also support at 0.4 area (both a psychological level and support line), and I would like to see it hold before it continues up. If it does not, there could be a possible retest of the breakout area which is the trend line before we see more buyers come in.
I would like to see CRO break above 21EMA with VOLUME when it does go up, a strong indicator that there would be more possible upside.
액티브 트레이드
0.4 level held, and we saw a morning star candlestick pattern (bullish pattern) form at this 0.4 level. CROUSDT has closed above 21EMA and even 50EMA.
Looking for more upside if it can close above 0.48 level, a strong resistance level.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.