TechNerdOmar

CROUSD Crypto.com Coin Reaching a Point of Resistance

FTX:CROUSD   Cronos
CROUSD has made a bullish run in the past few days and is now reaching a point of resistance and perhaps reversing off of it. The resistance line it hit is at the price where the highest volume occurred, at $0.69, as shown by the VPVR (Volume Profile) indicator. If price does reverse off of this resistance, then it forms a right shoulder and I would be looking for further downside or a stronger trend reversal signal.

Follow me for updates on this chart and others.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.