CRO reached a new local low last Friday and then turned upward again. Based on this development, we now consider the green wave (ii) to be finished and see the coin in the green wave (iii). In the further course, the price should clearly overcome the resistance at $0.18. If, on the other hand, we see a sell-off below the support at $0.07 (30% likely), we would instead have to assume a fresh corrective bottom in the form of the turquoise wave alt.2 below the support at $0.04.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.