In November 2021, the Cronos token set a new all time in the $0.89 range which is now the Fib 1. In this market cycle, it is very possible for the Cronos token to reach a full 4.236 ($3.63), but there is also a very good chance that it won’t reach a full 4.236. So, what we know for sure is the crypto market is volatile and to be successful, we have to know how to manage risk.
Our risk management model sets 4 price targets to sell 20% at each target which leaves 20% in the investment. That means if the Cronos token reaches the 3.618 ($3.11), we will have sold 80% of our Cronos tokens for $21,040. If the price reverses on itself, we will sell the remaining 20% tokens at the Fib 2.618 ($2.26) which will generate an additional $6,191 for at total $27,231. If the Cronos token reaches the 2.618 ($2.26) and fails to reach the 3.618, we will have sold 60% of our tokens for $12,520 and have the option to sell the remaining 40% at the Fib 1.618 ($1.42) which would generate an additional $7,780 for at total of $20,300.
