- Multi-month downtrend - Price seems to have bottomed out - Broke 50EMA (as in late december) - MACD curling up ( " " " " " " ") - MACD histogram green (" " " " " " )
Looking for either support found at the 50 EMA or a clean breakout + retest of the 100 EMA (purple)
However, since we're in a clear downtrend for CRO it is also likely that we'll see a rejection from the 100 EMA and a further move down. Despite this very strong bullish candle.