Technical analysis by SwissMail about Symbol CRO: Buy recommendation (11/29/2021)

SwissMail

If you're not watching CRO right now you must be living under a rock, let me summarize: - highest earning APY on any currency (if you own cro) - highest cashback return credit card (if you own cro) - lowest exchange fees (if you own cro) - access to highest yield farms on cronos (if you own cro) - access to eth supercharger (get 2% your holding in eth in a month - IF YOU OWN CRO)Okay you say - "But Swiss....this is all pricd in the recent pump "Recent pump was nothing...and driven mainly by 2 other things - token burned 70% limiting supply - coinbase listing - Cronos network is new and TVL (total value locked) on it is growing steadily in a straight line as we speak (up almost 2x from 4 days ago) - Assuming crypto.com doesnt grow, let 10mln users start spending 50k per year using cro credit card (creating buy pressure on cro to get cashback) - Question: how many Billion is that? (10000000*50000*0.03/1000000000) - Hint: 15Billion (very close to current market cap ;) )What about they hype? - Okay Matt Damon... - Staples stadium renamed to Crypto.com arena on Christmas not enough? - Rumor has it: Exchange in US is coming Q4 this year"But Swiss...cro is dumping right noe I must sell!" - Okay Davinci...have a look at the chart - Do you like fibs? - holding above 0.5 fib retracement is bearish? - cro is a "spending" coin and today is cyber monday (put 2 and 2 together ;) )Wen pump? - look at triangle :profit:Attribute the shift of price below the triangle as the effect of broader macro market situation right now and pretend we're in the triangle :)