Cronos: Target Zone Ahead

Cronos (CRO) has recently been steering a less volatile sideways course. We have identified a beige Target Zone between $0.13 and $0.08, which should catch the low of the ongoing wave [ii] in green, thus presenting an opportunity to open long positions. However, if the price directly breaches the resistance at $0.23, we will have to consider the green wave alt. [ii] as complete, and the outlined Target Zone will be missed. We assign a 33% probability to this alternative scenario.