PalenTrade

Possible Crypto.com (CRO) breakout

Long
PalenTrade Updated   
OKX:CROBTC   Cronos/Bitcoin
Hello!

200EMA flipped to support (arrows) and new try of breaking the 400sats level

RSI break on many timeframes

No volume yet to be seen so could be false. We need to get see some buying volume to this go through

Have to be extremely careful because of Bitcoins price action. If Btc falls most of the alts will follow.






Always use stop loss or you will get your ass burned!
1st mistake beginner do is not to use them


-Jebu
Comment:
CRO/USDT on weekly timeframe. RSI resistance trendline broke, but ofc it can fall back. Nothing is ever certain with trading, that's why Risk Management is invented
Comment:
CRO/BTC on monthly.
Price has to close on a daily higher than the 408sats (bottom candles wick) to clear the resitance which has been tested 4 times on monthly. After this the coast SHOULD be clear
Comment:
CRO/BTC 4hr RSI trendline resistance turned to support
Comment:
Break and retesting now.
There was good volume behind this move

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