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The analyst discusses Cronos (CROUSD). On August 30th, CRO is priced at approximately 0.3087. It has experienced a significant rally since July. A weekly timeframe analysis reveals a 5x increase from the June lows to the recent highs, followed by a retracement to about a 4x move. Resistance is expected at the golden ratio of 0.618 around 0.3158. Resistance is also found at previous support and resistance levels. The analyst explores the potential for the price to decrease to between the 0.5 and 0.382 Fibonacci levels, potentially reaching 0.22 or even 0.15474, before experiencing a higher move. He highlights that a drop to the 0.5 level wouldn't be unexpected. Short term analysis on the 1H timeframe suggests the potential for a further move to the downside, where he sets his failbound price at 0.15474, whereas the long term targets have an upside of approximately 6.30 in the best case.