Long
✳️ Cronos Bottom Catch? Another One (1,000%+ In 2021)
Cronos produced more than 1,000% (10X) in its 2021 bullish wave and there is possibility for something similar this time around.
In this chart we can see the 2021 bull-market on the left side and going from left (Feb. 2021) to right (June 2023) we have a long-term higher low.
Here you can see a very strong bullish divergence with the MACD, the same signal described on the APEBTC chart to spot a bottom reversal.
You can see this indicator moving higher and higher and higher, hitting a low in May 2022 while CROBTC continued to drop.
Here is the tricky part, the current action can lead to a bounce pushing prices higher but then a new low before the next bull-market, or this might be the bottom... But even with another drop, one can buy and hold focusing on the long-term; think long-term and this can be an easy win for 2024 with a potential 8X, 10X or even 15/20X.
How it all develops we have yet to see but the only thing that is certain is Cronos going GREEN!
Namaste.
In this chart we can see the 2021 bull-market on the left side and going from left (Feb. 2021) to right (June 2023) we have a long-term higher low.
Here you can see a very strong bullish divergence with the MACD, the same signal described on the APEBTC chart to spot a bottom reversal.
You can see this indicator moving higher and higher and higher, hitting a low in May 2022 while CROBTC continued to drop.
Here is the tricky part, the current action can lead to a bounce pushing prices higher but then a new low before the next bull-market, or this might be the bottom... But even with another drop, one can buy and hold focusing on the long-term; think long-term and this can be an easy win for 2024 with a potential 8X, 10X or even 15/20X.
How it all develops we have yet to see but the only thing that is certain is Cronos going GREEN!
Namaste.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.