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Kriptos
18 ноя 2020 г., 23:20

CRO dump 400% 

Cronos / BitcoinBittrex

Описание

Greetings,
The daily schedule of the CRO tool, quite an interesting project, has been developing since 2017. It has its own stock exchange, wallets, and many other interesting projects. 19th place in the CMC. It trades only on the spot, it's a pity because I was waiting for a dump from the August high, and even made an idea about it.
In August, the price formed a double top, the opposite of the double bottom patern, and very often if you see what. the market you smile he wants to take away your money).
After the high, the price has been corrected by 400% or to 1 Fibo. The price is testing the support area 350-370. Exactly from this zone, the last time, the rebound started. But this does not mean that this time, especially with an increasing bitcoin, may well draw a downtrend channel and in this case, the price will test a downtrend and this is bad, as the bottom may be very far away there is no support.
Trading options of the instrument
1) Cancellation and confirmation of support 350-370
Trading from the borders of the channel. 2. If the price leaves and gets fixed below the support zone, it will break away from the trend when an upward trend develops.

Always use Stop Loss and do not use leverage more than x3.
A trader should always have tomorrow.
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Комментарии
pxzib2
An asset can't lose more than 100% of its value. What the hell does it mean when you say that CRO has dumped 400%? You have no idea what you're talking about.
Kriptos
@pxzib2, Yes, you have noticed correctly, it was meant that the price went down 4 times. In percentage terms it is -75%.
LadaToLambo
Great chart, 120 sats next stop for sure, will it stop there? Unlikely!
Kriptos
@LadaToLambo,thanks, 100-120 satoshi could be a turning point,
LadaToLambo
@Kriptos, Hi Kriptos, 100% Ponzi scam token CRO ? No green candles in months, chart is the worst looking in this space.Also i cant imagine any big whale are accumulating due to CDC 100% CRO premine. What do you think?
Kriptos
@LadaToLambo,Greetings, technically I don't see any signs of a reversal yet. Apart from elevated horizontal volumes, a good sign
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