CRO / USDT 1D Interval- support and resistance
Hello everyone, let's take a look at the CRO to USDT chart on a 1 day time frame. As you can see, the price is moving below the uptrend line.
Let's start with the designation of the support line and as you can see the first support that the cro is currently based on is $ 0.1120, if the support breaks down, the next support is $ 0.0985 and $ 0.0602.
Now let's move from the resistance line, as you can see, the first resistance is in the zone from $ 0.1302 to $ 0.1508, if you manage to break it, the next resistance will be $ 0.1667 and then we have a second resistance zone from $ 0.1822 to $ 0.2061.
Looking at the CHOP indicator, we can see that we have regained some energy in the 1-day interval, and the MACD indicator shows that we are in an upward trend.
Let's start with the designation of the support line and as you can see the first support that the cro is currently based on is $ 0.1120, if the support breaks down, the next support is $ 0.0985 and $ 0.0602.
Now let's move from the resistance line, as you can see, the first resistance is in the zone from $ 0.1302 to $ 0.1508, if you manage to break it, the next resistance will be $ 0.1667 and then we have a second resistance zone from $ 0.1822 to $ 0.2061.
Looking at the CHOP indicator, we can see that we have regained some energy in the 1-day interval, and the MACD indicator shows that we are in an upward trend.