CRO/USDT = Weakness is Kicking IN

Good afternoon traders

CRO's price trend is currently displaying significant signs that traders should be alert to. After a prolonged phase inside the "Uptrend Tunnel," the price has shown deviation by moving outside the Bollinger Bands. This movement can be interpreted as a signal of emerging weakness.

Historically, maintaining its position within the uptrend channel reflected a strong bullish momentum. However, the recent breakout outside this channel, combined with the Bollinger Band breach, paints a bearish picture for the short term.

Given this scenario, there's a high likelihood of CRO retracing back inside the uptrend tunnel.

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Yours Sincerely,

Swallow Team


Disclamer:
We are not financial advisors. The content that we share on this website is for educational purposes and is based on our own personal opinions.

Comment:

We want to see more weakness here near this triangle formation!