In today's article, I'm discussing a potential pattern we can see on CRO until EOY. I based my analysis on the Elliot wave theory which can be seen in bull runs all the time. So far we had our first impulse wave (122% gain) with a retrace wave of around 20% after that we consolidated a bit between my red and green box. Yesterday CRO made a push back to the red resistance box broke it and rallied to my upper resistance line. I think CRO will retrace back to the lower broken resistance now and retest it as support before we make another move higher which could take us above the new resistance line to the next and final point of the impulsive wave 2 at around 0.66 cents area. If CRO stays following this pattern we could see at around 1 dollar end this year. Keep in mind that this is not financial advice and neither you nor I can predict the future this is all just my opinion and plan for my CRO holdings.
You can follow me on TradingView to watch this chart -> https://www.tradingview.com/chart/CROUSDT/7HkmN3x3-Elliot-wave-theory-CRO-projection/
