Trade setup on CRO/USD

[Nash Commerce]

Trade I'm currently in on CRO. This is live analysis. Not financial advice.
Profits so far today. Let's play ball.

 

[Naughtyfatkid]

Hello, also a cro hodler. Does this mean its going up?

Everytime they increase the staking to attain the card, price seems to go down.

 

[Nash Commerce]

Hello, also a cro hodler. Does this mean its going up?

Everytime they increase the staking to attain the card, price seems to go down.

In my opinion, small things like that don't affect the price really.
I go off of technicals.

 

[Naughtyfatkid]

In my opinion, small things like that don't affect the price really.
I go off of technicals.

all the best. my CROs are still stuck for another 5 months.

 

[allfall]

Trade I'm currently in on CRO. This is live analysis. Not financial advice.
Profits so far today. Let's play ball.

can explain more bro

 

[alurosu]

From the graph you can see another peak in as late as September. There will be many ups and downs in this timeframe because you analyze on a medium term. Coincidentally I expect a massive bull run to go until approximatively that time. So CRO might go up because all the crypto market goes up, not because it's a good project on its own. In this time you can hold any coin and profit as long as the project doesn't die (which is hard to do in a bull market)

 

[tb303]

Everytime they increase the staking to attain the card, price seems to go down.

In my opinion, small things like that don't affect the price really.
I go off of technicals.

Tell that to the high tier card holders from early last year.
Also tell that to the forced MCO swap holders whos CRO gets unlocked soon.

If cro goes up too much they will increase the card staking tiers which devalues the token - again.

But good luck tho

 

[Nash Commerce]

Tell that to the high tier card holders from early last year.
Also tell that to the forced MCO swap holders whos CRO gets unlocked soon.

If cro goes up too much they will increase the card staking tiers which devalues the token - again.

But good luck tho

Yeah I mean that’s a valuable concern, every situation is different, I was referring to minor events.

This is purely a technical play, time frame of around 2-4 weeks.

 

[Archer99]

Tell that to the high tier card holders from early last year.
Also tell that to the forced MCO swap holders whos CRO gets unlocked soon.

If cro goes up too much they will increase the card staking tiers which devalues the token - again.

But good luck tho

Their CRO has already been unlocked. They unlocked their funds in early February. It's been six months (lockdown period) since August 3rd.

I assume they already sold it off which is part reason why CRO went down to an all-time low of 6 cents. Which is ISH when I bought it, and now it's trading at above 13 cents at the time of writing.

@Nash Commerce any further analysis & predictions on this? Love what you're putting out on these forums btw, keep it up!

 

[Archer99]

Is anyone else buying this? I've made sizeable profits with CRO right now.

Trying to figure out when to get out.

As we speak, it's 0.15+ cents.