CRO is getting support from 1,618 fib extension level and 0.618 retracements (Made cluster support) as well as a logical barrier or 0,5$.
MACD is almost at the end of the downtrend.
RSI is about to break the downtrend.
Stochastic RSI is ready as well.
If 50 days moving average hold the price we should see some consolidation and accumulation then go higher otherwise, 100 SMA is the next buy zone.
The first target is the logical barrier of 1$ if we can break it we will go higher as depicted in the extension fib level.
Dollar-Cost Averaging (DCA) is the best strategy.
DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment.
MACD is almost at the end of the downtrend.
RSI is about to break the downtrend.
Stochastic RSI is ready as well.
If 50 days moving average hold the price we should see some consolidation and accumulation then go higher otherwise, 100 SMA is the next buy zone.
The first target is the logical barrier of 1$ if we can break it we will go higher as depicted in the extension fib level.
Dollar-Cost Averaging (DCA) is the best strategy.
DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment.
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