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Cpoolanalysis

CPOOL: A Major Breakout on the Horizon?Yello, Paradisers! Is #CPOOLUSDT about to break free from its key resistance? Let's dive into the action as the bulls line up for what could be a powerful move. 💎#CPOOL is repeatedly striking with force against the EMA-200 level, currently sitting around $0.133. While this is a challenging zone, surpassing it could send the price into a vertical ascent. However, there are a few hurdles between $0.133 and $0.155, which the bulls will need to clear before any major breakout occurs. 💎Despite multiple tests of the resistance, bulls show no sign of exhaustion. If they succeed in flipping the EMA-200 and breaking past the descending resistance at 0.155, price could see a major breakout, with upside targets of $0.175 to $0.185 in the short term. Meanwhile if the momentum remains strong, the price could push even higher toward $0.23 to $0.24. 💎On the downside, CPOOL has strong support between $0.105 and $0.100, which has been a solid support zone since February 2024. After retesting this level, the price has managed to hold firm, giving bulls a solid foundation to build from. 💎In addition, CPOOL’s Total Value Locked (TVL) has reached an all-time high, and historically, price action has followed TVL increases. Keep an eye out for a potential Golden Cross formation, which could further enhance the bullish momentum. Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
4
Is CPOOL Headed for a Major Reversal?Yello, Paradisers! Are you keeping an eye on #CPOOLUSDT? It’s about to make a decisive move, and you’ll want to be ready. 💎#CPOOL is now testing a key resistance zone while forming a double top on the lower time frames. This area, once a strong support, has now flipped into a solid resistance. 💎Price is likely to see retracements down towards 0.1235, potentially extending to the 0.1175 to 0.1108 range. This is a significant support zone, reinforced by the 4-hour EMA-200. Sellers might encounter strong pushback here, leading to short-coverings and fresh buying interest. If this scenario plays out, a reversal could be in the cards, pushing prices higher. However, if sellers continue to dominate, price might see CPOOL bottoming out near the 0.105 to 0.101 levels. 💎For CPOOL to resume its uptrend, bulls will need to break through the 0.134 to 0.141 resistance levels. This won’t be easy and will require significant bullish momentum. Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO! MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Jack
5
CPOOL Daily Chart is charting Classic Bullish Diveregence Thurs 6-23-22 CPOOL daily chart UPDATE The Yellow Trendlines i have not moved and the chart has played out well with the supports. What i see right away is that its holding support right at the day launch price. This is not a bad sign at all. The price movement and RSI are flowing well for an early project. This Chart is showing CLASSIC BULLISH DIVERGENCE! look at the white dotted lines that are ascending and descending, those dotted lines will be the support and resistances now... it should follow within that pattern as well as the RSI is showing some decent strength. DMark9 Indicator is showing it may of hit bottom.
Long
by bylerzone
8
CPOOL daily chart, MY THOUGHTS?CPOOL daily chart...was asked by a member to post my thoughts here.. theres not alot of data here, but with RSI's at the bottom and slightly began to trend up, we may see some positive upward movement... The DeMark9 shows we may of hit bottom on the candle pattern as well a week ago. To show Bullish Strength, i would like to see this chart break and hold $.19 and then move up into $.39-$.50 range. anything is possible with a brand new asset. so if you believe in a project, accumulate and hold and be patient.. its risky but life is risky....I hope this helps traders and investors.
by bylerzone
8