Cronos
Anyone else watching CRO bleed out and wondering where the bounce is hiding? According to industry sources, sentiment on mid-cap exchange coins has cooled after the latest regulatory headlines and rotation into majors, and CRO has been one of the quiet victims. Today we even saw another risk-off wave across alts while Bitcoin held up better, so weak hands here are clearly nervous.
On the 4H chart, CRO is grinding down inside a clean downtrend with lower highs and lower lows, but RSI is now sitting in the low 30s, flirting with oversold. Price just swept the recent local low and rejected, right below a chunky demand zone around 0.069, so I’m stalking a short-term mean reversion long toward the nearest supply pockets around 0.071 and 0.073. If buyers step in on rising volume, that could turn into a sharper squeeze toward the 0.075 zone where the big liquidity cluster sits.
My play: I’m only interested in longs if price reclaims that broken 0.0695 support area and holds above it on 4H closes, targeting the 0.071/0.073 bands first. ⚠️ If we lose 0.068 convincingly, then the knife is still falling and I’d rather step aside or even flip bias for a continuation short into fresh lows. I might be wrong, but for now CRO looks like a tired seller that just needs one decent headline to trigger a nasty little upside squeeze.
Anyone else watching CRO bleed out and wondering where the bounce is hiding? According to industry sources, sentiment on mid-cap exchange coins has cooled after the latest regulatory headlines and rotation into majors, and CRO has been one of the quiet victims. Today we even saw another risk-off wave across alts while Bitcoin held up better, so weak hands here are clearly nervous.
On the 4H chart, CRO is grinding down inside a clean downtrend with lower highs and lower lows, but RSI is now sitting in the low 30s, flirting with oversold. Price just swept the recent local low and rejected, right below a chunky demand zone around 0.069, so I’m stalking a short-term mean reversion long toward the nearest supply pockets around 0.071 and 0.073. If buyers step in on rising volume, that could turn into a sharper squeeze toward the 0.075 zone where the big liquidity cluster sits.
My play: I’m only interested in longs if price reclaims that broken 0.0695 support area and holds above it on 4H closes, targeting the 0.071/0.073 bands first. ⚠️ If we lose 0.068 convincingly, then the knife is still falling and I’d rather step aside or even flip bias for a continuation short into fresh lows. I might be wrong, but for now CRO looks like a tired seller that just needs one decent headline to trigger a nasty little upside squeeze.
SIGNAL INDICATOR
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
SIGNAL INDICATOR
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน