CRO Macro Accumulation / Comprehensive Analysis
2024-06-05

CRO just put in a bottom here, and I'm going to give you a full breakdown.

First, we have a macro Accumulation finishing up the last stages right before the markup. These have been playing out with huge pumps on many of the other altcoins, and this time we caught it very close to the bottom.



Next up, we have our Elliott Waves. CRO just finished retracing Wave 4 onto the top of Wave 1, which is perfect according to the EW rules. We should be seeing a Wave 5 up to $0.42662, which also coincides with a major monthly supply.



Finally, we have our ideal entries and take profit levels. I put in a market order since I believe we are already bottomed out, however if the price comes down any lower, here are my additional entries:

$0.1018, $0.09645, $0.8414, $0.07495

Our partial take profit levels on the way up:

$0.2317, $0.2637, $0.30, $0.3716

Follow us for more trade setups this altcoin season and make sure to come back and let us know how much you made on this setup!

-Pat
DigiLex, LLC
President & CEO