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CronosChain
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⚡ #Cronos partners with #AWS to boost #Web3 startup growth via the accelerator program #CronosChain , an EVM-compatible layer 1 #blockchain network built on the Cosmos SDK, has partnered with Web3 startup growth through the Cronos Acceleratorp Program.
#Cronos partners with #AWS to boost #Web3 startup growth via the accelerator program

#CronosChain , an EVM-compatible layer 1 #blockchain network built on the Cosmos SDK, has partnered with Web3 startup growth through the Cronos Acceleratorp Program.
#CRONOS Technical Analysis Support and Resistance: Nearest Support Zone is $0.120, then $0.100. The nearest Resistance Zone is $0.170, then $0.200. Trends are mixed. It’s consolidating in a Falling Wedge pattern. We wait for a breakout, with upside potential to $0.16 thereafter. Patterns: Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.  Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45). #CronosChain #BinanceLaunchpool
#CRONOS Technical Analysis

Support and Resistance: Nearest Support Zone is $0.120, then $0.100. The nearest Resistance Zone is $0.170, then $0.200.

Trends are mixed. It’s consolidating in a Falling Wedge pattern. We wait for a breakout, with upside potential to $0.16 thereafter.

Patterns: Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher.

Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. 

Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.

Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).

#CronosChain #BinanceLaunchpool
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