Cronos (CRO) - Bullish divergence

2023年9月8日

On the above 6-day chart price action has corrected 92% since November 2021 @ 70 cents. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Strong bullish divergence as measured over 60 days. 8 oscillators print positive divergence with price action.

3) Look left (orange line, best seen on 2-day chart) price action prints on historical support.

4) The macro bull flag forecasts a first wave target of 30 cents.

Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: act now
Return: 400%

2023年9月8日

交易進行

2023年10月1日

註釋

Back up truck and scoop up the scraps from those still selling after a 90% correction. GRM support is currently under test.

2023年10月21日

交易進行

support confirmed

2023年10月26日

交易進行

GRM support has now confirmed

2023年11月7日

註釋

45% so far

2023年11月9日

註釋

possible swing trade, is overbought

Daily

2023年11月20日

註釋

100% in a little over two months.

2023年11月22日

註釋

140%.

A high probability confirmation, don't ignore it. Notice how many long ideas are now published on tradingview.com, after the move. Remember 90% of the folks in this game lose money, this is why.

2-day chart

6月20日

交易進行

Never a false signal in 2 years. That is amazing.

8月8日

交易進行

wink wink nudge nudge

昨天

交易結束：目標達成

300%