Can CRO outperform XRP after the decline? ?

CRO is a currency in the payment sector. Not many people know about it, and the market is not so hot.

But when it comes to XRP, everyone should be very familiar with it. CRO belongs to the same series as it.

The recent strength of XRP will benefit the entire sector. XRP has obviously missed the opportunity, but it can look for other opportunities.

CRO is not unfamiliar to the old leeks in the previous wave, because the previous pull-up was also very direct.

We still share the large-scale weekly market trend first.

Last week's K-line closed with a positive line, forming a stop-loss reversal signal : Bullish engulfing

And the bulls are increasing in volume, plus there was another one before, this is a second stop loss that will enhance the effect

From the overall point of view, this wave of decline CRO did not fall sharply like other currencies, but fell slightly

It can also show that the support below is relatively strong. The overall weekly line is: bullish

Looking at the daily trend, it is currently encountering upper support after breaking through, and a correction market has begun

But the bulls are stronger than the bears, and the probability of subsequent rises is greater than continuing to fall

On the daily line, a positive line on August 8 broke through the shock range with large volume and broke the previous high

On August 9, it appeared A big positive line with a long upper shadow line appeared, and the volume was also extremely high, indicating that the bulls were very strong. Although the subsequent market did not continue to rise, a bearish engulfing pattern appeared instead. Obviously, there was a lot of pressure above $0.1. The key turning point was the subsequent small K lines, the entity became smaller, and the volume shrank. This is a very typical shock market. It appeared just after the rise: it is a signal of bullish strength. The current daily highs and lows are gradually rising, and the bulls' volume has just been released. There is at least inertia to rise in the future. Comprehensive weekly and daily trends and the recent From the perspective of hot spots, the advantage of the bulls is still obvious, and there is still room for growth. If you want to make a living by trading and do short-term trading, you must overcome the technical barriers, otherwise you can't grasp the buying points at all. Then the money you invested will become very dangerous. You will sell it in advance when the price rises, and you will stop the loss reluctantly when you lose money. Therefore, the market looks complicated, but if you can calm down, constantly screen and analyze, opportunities are everywhere. #美国7月PPI低于预期 #新币挖矿TON #WBTC #Ripple于诉讼中取得部分胜利 #CRO