edutradinguru

CRO - TIME TO EXIT (FOR NOW)

Kort
OKX:CROBTC   Cronos/Bitcoin
Hello, despite loving the crypto.com project, and using their card with cashback on a daily basis, a trader must not be influenced by emotions. When an investment enters a bearish phase, be it a token, a stock, or anything else, it is time to sell.

From a technical point of view, we broke the 200daily average to the downside (and approaching the 200W), and entered at the same time in the retracement area. The lower part or the area is at 0.00001, where approximately the long term trendline is located.

From a fundamental point of view, the first unlocking of investor stakes is happening, hence the downward pressure is increasing. Indeed, now that MCO disappeared, all the pressure is on the cro token. Also, in order to guarantee all the other services, crypto.com has to issue a lot of Cro, and inflation as max supply increases steps in. Also,

That will be the time I will reenter the coin, the stake, the supercharger, and all the services they offer.

The only amount I left in Cro is the one propaedeutic to have the services linked to the card. See my status if you want to know more about this point or DM me, as the welcome reward will be halved in November.

I will reenter and benefit from the same interesting services at a lower price, or when I will see a stabilization of the price.

Let me know what you think!

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