CRDO - Breakout Trade
By:TradingView
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
CRDO - little late for a good R:R trade but this is a momentum trade now.
If this momentum continues in this AI theme, this can see 300 easy and quick from here.
But if the theme pauses or slows down, we can see a pullback.
Two paths - Breakout path and Pullback path
Target 1 - 240
Target 2 - 300
Target 3 - 350-360 (extreme bullish case)
Have a tight stop loss around 185
If this momentum continues in this AI theme, this can see 300 easy and quick from here.
But if the theme pauses or slows down, we can see a pullback.
Two paths - Breakout path and Pullback path
Target 1 - 240
Target 2 - 300
Target 3 - 350-360 (extreme bullish case)
Have a tight stop loss around 185
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Aptos encrypted mempool targets frontrunning and censorship
Crypto.News•2026/05/12 08:12
British Pound drifts lower vs JPY amid intervention fears, UK political turmoil
FXStreet•2026/05/12 08:09
PancakeSwap Boosts DePIN Ecosystem with Impossible Cloud Network (ICN) Liquidity Launch
BlockchainReporter•2026/05/12 08:00
Markets, AI Rally Rattled as Trump Calls Iran Ceasefire “On Life Support”
CoinEdition•2026/05/12 07:57
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$80,839.62
+0.15%
Ethereum
ETH
$2,288.63
-1.79%
Tether USDt
USDT
$0.9997
+0.01%
XRP
XRP
$1.46
+1.06%
BNB
BNB
$658.35
+1.26%
USDC
USDC
$0.9999
+0.01%
Solana
SOL
$95.8
+0.69%
TRON
TRX
$0.3490
-0.26%
Dogecoin
DOGE
$0.1095
+0.20%
Hyperliquid
HYPE
$41.3
-1.36%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now