CRON is in a weekly equilibrium pattern and continues to get tighter and tighter. We are currently in a swing position after entering on the last higher low that was set at $5.50. Weekly support is $5.50 and resistance is at $6.85
CRON Weekly Chart:
On the daily time frame we have a tighter range to be watching. $6.68 resistance and $5.76 support. We will exit our trade if $5.76 breaks bearish, although we are anticipating a bull break after WEED broke bullish out of it’s weekly equilibrium pattern.
Cron Daily Chart:
