CRO looks similar to other crypto. The price broke below the support.
Yesterday we saw a successful bearish retest and now the price is ready for a further drop.
The sentiment overall remains mega bearish so most likely it will get worse before we see any higher prices.
Buy areas are shown in the chart. Be patient as if this idea plays out, it will take some time for price to drop .
İşlem aktif
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Good progress so far. Today we can see new FUDs regarding crypto.com and the price dropping . Expecting more downside as the domino effect among crypto exchanges is likely.
Yorum
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Target reached as expected. The price bouncing from the support. We will see more downside if the sentiment is more bearish, more FUDs. We recommend observing the sentiment on twitter and monitoring the chart. Congratulations on reaching the target for shorts or DCA into long at the low risk area.
I have seen a similar trade idea for this asset several times today. I don't think all the arguments will hold, but some moves will probably be reached. Not only that, but I think I'll skip the trade this time.