50 EMA Flipped to support- Looking to confirm new cannibus bull

12 בנוב׳ 2020

50 EMA acted as support during bull run. Price closed above 50 EMA last week. Looking to close week above $7-$7.30 and then start wave up to 200 EMA area. Fundamental picture looks good for Cronos, with lots of cash, strong strategic partnerships (Marlboro Man) and regulations moving towards federal and widespread global legalization. I'm an investor on this play and long term HODL. Okay to enter now around $7 dollars in my opinion. I am prepared to dollar cost average from this entry point if we go lower. Similar price action to crypto market cycle and MJ is here to stay and expand in this social environment. Realization of the benefits are coming around on a much larger political scale. HODL'ers will reap rewards compared to the average trader