Hello everyone, let's take a look at the 1W CRO to USDT chart as the price is currently at the 2020 low and also looking from the 2021 high at around 95% down.
Let's start by setting goals for the near future that we can take into account: First, the price has to break through the strong resistance zone from $0.0629 to $0.0876, only then will it be able to move towards the targets: T1 = $0.1071 T2 = $0.1397 and T3 = $0.1723
Now let's move on to the stop loss in case the market goes down further: SL1 = $0.0571 SL2 = $0.0463 SL3 = $0.0376 and SL4 = $0.0288
Looking at the CHOP indicator, we see that on the 1W interval, the energy is used for price decreases, the MACD is close to the intersection, however, it indicates an uptrend, while the RSI has been moving at the lower end of the range for a long time, which may indicate upcoming price increases.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.