Cronos is trading near All-Time Lows and we have a mixture of signals.
Currently prices trade above EMA10 and EMA21, which opens the door for short-term bullish potential.
We also have the cup pattern which is a bottom formation. This too points at a reversal.
✔️ If prices stay above the 10-June low, the bullish potential is really strong. ✔️ If this level fails watch-out, as Cronos can fish for a new low but this is less likely at this point.
Looking at the bigger picture, when we hit bottom it is wise to think long-term... Consider the main chart above.
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