Cronos is resisting the persistent selling pressure after last week's low, but it should soon turn sustainably downward again. We anticipate the imminent bottom of the overarching turquoise corrective wave 2 within the green Target Zone between $0.06 and $0.02. According to our primary scenario, once CRO reaches this new bear market low, it can quickly move upward in the next impulse wave, with the resistances at $0.14 and $0.23 serving at most as temporary pauses.
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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
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.