This downward trend has been supported since 22nd December 2021.
If a daily candle closes above this trend in the next few days it will be first daily close above the trend since the 21st of December 2021.
Although CRO could break the trend there would be nothing to suggest an upward trend would be imminent.
If the downward trend is to continues, I feel there's support but not strong support and we could be looking at anywhere from 5.5 to 2.5 cents for CRO which is crazy as I feel CRO could easily get to $1 in the future.
What are your thoughts?
If a daily candle closes above this trend in the next few days it will be first daily close above the trend since the 21st of December 2021.
Although CRO could break the trend there would be nothing to suggest an upward trend would be imminent.
If the downward trend is to continues, I feel there's support but not strong support and we could be looking at anywhere from 5.5 to 2.5 cents for CRO which is crazy as I feel CRO could easily get to $1 in the future.
What are your thoughts?