CROUSDT
CROUSD: buy setupCMC #18
" What Is Crypto.com Coin ?
Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.
CRO went live in November-December 2018.
Who Are the Founders of Crypto.com Coin?
Crypto.com Coin was launched by the Crypto.com company as part of its vision of “putting cryptocurrency in every wallet.” Crypto.com itself was founded in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao.
Kris Marszalek, an alum of the Polish Adam Mickiewicz University, has founded and headed three companies prior to starting Crypto.com: consumer electronics design and manufacturing business Starline Polska, location-based service mobile app and platform YIYI and the e-commerce firm BEECRAZY.
Rafael Melo earned his bachelor’s degree in engineering from the PUC-Rio. Over his more than 15-year-long career in finance, Melo has worked with major companies in Asia and helped secure over 50 million AUD in funding for the Ensogo social commerce website.
Gary Or is a software engineer with over nine years of fullstack engineering experience. Prior to co-founding Crypto.com, Or worked as platform architect at Ensogo and co-founded the mobile app development firm Foris. He received his bachelor’s degree in engineering, computer science from the University of Hong Kong.
Before helping launch Crypto.com, Bobby Bao worked in the M&A department of the China Renaissance investment bank. Bao has studied at the University of Melbourne, NYU Stern School of Business and the College of William & Mary.
What Makes Crypto.com Coin Unique?
CRO blockchain is mainly focused on providing utility to the users of Crypto.com’s payment, trading and financial services solutions.
CRO owners can stake their coins on the Crypto.com Chain to act as a validator and earn fees for processing transactions on the network. Additionally, CRO coins can be used to settle transaction fees on the Crypto.com Chain.
Within the framework of the Crypto.com Pay payments app, users can get cashback of up to 20% by paying merchants in CRO and up to 10% by purchasing gift cards and making peer-to-peer transfers to other users.
When it comes to trading use cases, the Crypto.com App allows users to earn token rewards for select listings by staking CRO.
Additionally, users can earn annual interest of up to 10-12% on their Crypto.com Coins by staking them on either the Crypto.com Exchange app or Crypto.com’s metal Visa Card.
Overall, CRO acts as an instrument that powers Crypto.com’s drive to increase the adoption of cryptocurrencies on a global scale. As such, the company is continuously working on finding and developing new use cases that will allow users to leverage the cryptocurrency to enhance the control they have over their money, data and identities.
How Many Crypto.com Coin Coins Are There in Circulation?
The total supply of CRO is limited to 100 billion coins, all of which were created when the blockchain went live — making it a non-mineable cryptocurrency. Crypto.com did not rely on pre-sales, public-sales or an initial coin offering (ICO) — instead, the coins will only be distributed via secondary distribution.
The total supply of CRO will be allocated for five different purposes:
30% — Secondary distribution and launch incentives - released in batches on a daily basis over five years from November 14, 2018;
20% — Capital reserve - frozen until Nov, 7, 2022;
20% — Network Long-Term Incentives - frozen until Nov. 7, 2022;
20% — Ecosystem grants - frozen until the launch of Crypto.com Chain Mainnet;
10% — Community development.
How Is the Crypto.com Coin Network Secured?
CRO is built on top of Ethereum’s (ETH) blockchain according to the ERC-20 compatibility standard, which means that its network is secured by the Ethash function." source: coinmarketcap
Further demonstrating the power of the CircleLS = Left shoulder
H = Head
RS = Right shoulder
Just using the Fibonacci circle and establishing support areas, resistance areas, this head and shoulders pattern can be identified
Without the circle, this pattern is very difficult to identify
The main challenge using the circle is identifying the strongest trend. (Green line)
Here is my guide to using the Fib Circle, it truly is a great tool
Also my experimental idea - Fibonacci waves
Crypto.com Coin (CRO) - February 3Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You should watch for any movement that deviates from the important support zone, 0.054223-0.073434.
If it falls from the 0.054223 point, a Stop Loss is required to preserve profit and loss.
It is important to deviate from the downtrend line (3) at this point.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Crypto.com Coin (CRO) - January 27Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We must see if it can rise above the 0.073434 point.
If it falls, you need to make sure you get support at 0.065042.
It remains to be seen if there is any move to gain support at 0.073434 and break above the downtrend line (3).
The 0.054223-0.073434 section is an important section as the Volume Profile section.
If there is a fall in this section, you need Stop Loss to preserve profit and loss.
However, since it is also a section where you can buy, you need to trade carefully.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Crypto.com Coin (CRO) - January 19Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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It remains to be seen if it can rise above the 0.085786 point and maintain the uptrend.
If it falls at 0.028733, it is a short-term stop loss.
If it falls from 0.073434, you need a Stop Loss to preserve profit or loss.
However, if it moves sideways between 0.054223-0.073434, new purchases are possible, so you should consider a buying strategy for this.
It remains to be seen if volatility around January 22 can break above the 0.095739 point, breaking the downtrend line.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
CRO USD- trend updatePossible levels of support and resistance as well as potential breakout and breakdown levels.
It allows identify the most powerful areas from which price can turn and to get more accurate trading signal.
The first wave of the trend has passed and the correction has clearly begun.
VERY BULLISH ! ! !
#CRO vs #SXP Price Tracking#CRO vs #SXP Price Tracking
$SXP DUMPED MORE Silently then #CRO, as per its short life Vs price manipulation
HUOBI:CROUSDT
BINANCE:SXPUSDT
Crypto.com Coin (CRO) - December 19Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You'll have to see if you can Sideways on the 0.054223-0.073434 section.
I think that below the 0.054223 point is the bottom section.
So, if you fall below the 0.054223 point, you should stop trading and check the situation.
The current downtrend does not seem to have subsided.
In order for the downtrend to subside, it needs to form at least the box interval.
Accordingly, the wave must be completed.
If it rises above 0.073434 point, I think there is a possibility to touch the uptrend line (4) near 0.095739 point.
Therefore, careful trading is necessary.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down to interpret the indicators.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Crypto.com Coin (CRO) - September 29Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We have to see if we can quickly ascend above 0.153060 points.
If you drop at 0.150003, you need to see if you can get support at 0.133539.
If it falls from the 0.133539 point, it can record as many declines as Chain Link coins, so I think careful trading is necessary.
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I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
CROUSDT H4: Detailed trade plan BULLS/BEARS (SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
CROUSDT H4: Detailed trade plan BULLS/BEARS (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: CROUSDT 4hour/candle chart review/outlook
::: currently we are range locked
::: mid-term also BULL MODE
::: stuck in range but targeting 0.18 re-test
::: BULLS will target 18c to complete sequence
::: 0.18 is the strong S/R level re-test required
::: 2 options short-term / BUY/HOLD 10% gains
::: other option is SHORTING from S/R 0.18
::: BEARS will target re-test of 0.16
::: 14% gains possible for BEARS
::: finally, last but not least
::: recommended strategy: BUY/HOLD 16 cents
::: TP BULLS is 25%+ gains BUY/HOLD
::: SWING trade setup / no fast gains here
::: SL is 5% max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BEARS/PULLBACK
Crypto.com Coin (CRO) - September 8Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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It fell from the uptrend line (1).
We have to see if we can quickly ascend above 0.153060 points.
If you can't ascend to the 0.153060 point, there is a chance you will touch the 0.133539 point.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Crypto.com Coin (CRO) - September 1Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
If it falls below the uptrend line (1), it is the 1st Stop Loss and the 2nd Stop Loss is 0.153060.
If it falls from the uptrend line (2), it is a short-term Stop Loss.
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If you combine the volatility period on the XBTUSD chart and the volatility period on the USDT Dominance chart, the volatility period is between September 3-7.
We believe the maximum variation during the volatility period is likely to be between 10300.0-12471.0.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
CRO/USDT Day Chart-Outlook Bullish IdeaCro looking strong bouncing against the resistance of the interior of the flag. NIce bull pennant that should break through the top portion of the triangle after one more bounce. We should see a pump to the upside followed by cup pattern dip then a good bit of upside. This is a coin I see having an overall value at the minimum $5 per coin. With its predecessor holding an average value of just over $5 its easy to see with the liquidation of MCO into CRO and it being used as the primary coin for the staking required to obtain their card that comes with plenty of incentives. Its this very service among others, that convinces me $5 will be no problem with or without their other services including an exchange and their various partnerships with companies such as Visa, and Amazon. Throw me a like if agree and follow me if you like.
Crypto.com Chain (CRO) - August 17Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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It is rising along the uptrend line.
If it falls from the uptrend line, it is a short-term Stop Loss.
Also, if it falls from the 0.153060 point, I think that minimal split trading is needed to preserve the profit and loss.
If you go down from the 0.153060 point, you're likely to touch below the 0.133539 point.
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Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
I think it is better to observe the flow rather than rushing to trade according to the price flow.
I think this is a time when only minimal trading is possible to preserve profit and loss.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Crypto.com Coin (CRO) - August 11Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You need to see if you can climb along the uptrend line (1).
If it gets support above the 0.112843-0.120495 range, it is expected to continue its upward trend.
Whenever you fall from the uptrend line, it is a short-term Stop Loss.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Crypto.Com CDC Daily Chart AnalysisTechnical: Bearish Rising Wedge Pattern cycle has completed and bearish price action is taking place at the point of writing. From our analysis, we believe CRO will be facing a strong pullback, and depending on the market sentiment and the Bulls holding power for CRO we can expect to at least hit first range of support @$0.095 range where second Major Support will be @$0.055 Range.
CRO USDT D AnalysisIf Long Term Resistance Line cannot be broken we can see a strong pullback in the coming future with Stoch RSI and other Indicators at the peak of Oversold Level. Yellow Drawing is to show Mild Pullback towards Fibonacci Middle Band Support Line ranging around $0.1 USD and the Major Pullback from Orange Drawing @0.052 USD will be at a crucial support line to remain a strong Bullish Trend and will have a reversal of trend if broken. At the point of writing CRYPTO.COM has just announced the major Token Swap for MCO to CRO for a period of 91 days from now. This plays a huge role on the outcome of CRO performance at the same time being that they will merge MCO functionality into CRO as One Native Token for their platform.