CROUSDT - Close to the resistance area and entry timing
CROUSDT4H trend chart
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CRO has already broken out the downtrend line.
But it is so close to the resistance area, so the safer way to buy is wait it to stand above 0.777(blue horizontal ray)
If price can take out 0.777 without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 0.8199----Fib(1)
b) 0.8688~0.8886----Fib(1.272~1.382)
c) 0.9311----Fib(1.618)
Stop losses:
a) 0.6851-----Red horizontal ray
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