CRO
💡Don't miss the great buy opportunity in CROUSD @cryptocomTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CROUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.1406
TP2= @ 0.1499
TP3= @ 0.1646
TP4= @ 0.1798
TP5= @ 0.1924
SL= Break below S2
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CRO, ATOM & Fifa World Cup (What's cooking?)In the chart,
timeline has been set based on fifa world cup 2020.
Why is this relevant?
crypto.com is the leading sponsor for this year's fifa world cup. The commercials, news and hype around crypto tends to start increasing before such a big event followed by a pump.
Now we can assume the same for many coins but lets face it. Fifa World Cup is probably the most watched event every 4 years.
Now it's upto you how you want to strategise. Fairly a new eco-system that could possibly enjoy partnerships and collaborations in future because of it's positioning in the advertising space.
From this post's date, it's safe to say that you can buy the dips until the commercials reach its viewership peak which is usually 30-45 days prior.
A lot of historically relevant NFTs, Team Tokens and Merchandises will be adopted. Eventually trailed by exponential interest.
Not a financial advice but this would be one of the greatest case studies in the crypto history. Follow for more :)