CPOOLUSDT
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🌴
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🌴
CPOOLUSDT Testing the key Support Level Right Now | What's Next?Yello, Paradisers! Did you notice #CPOOLUSDT’s breakout from the descending channel? Let's break it down to understand what can happen next:
💎#CPOOLUSDT has been navigating a descending channel and recently broke out to the upside. After the breakout, the price surged by almost 70%. The first profit-taking wave occurred a few days ago, and now the price is pulling back to retest the resistance-turned-support at the upper layer of the channel. This marks the second wave of profit-taking.
💎#ClearPool has a support level of around $0.132. This level has held multiple times before and we expect it to do so again.
💎However, if $0.132 support fails, we anticipate a bigger pullback for the #CPOOL to the next support level at $0.109. The chances of price increasing from here become much bigger.
💎The overall macro sentiment and Bitcoin’s price movement will significantly influence this prediction of $CPOOL, so make sure to keep an eye on the market. If the $0.109 support also fails to hold, the likelihood of a bearish continuation increases significantly.
Stay disciplined, stay patient, and always wait for the best trading opportunities. This is how you can become a winner.
MyCryptoParadise
iFeel the success🌴
CPOOL/USDT Breakout From Symmetrical Triangle is Imminent 👀🚀💎Paradisers, let's dive into the recent market developments for #CPOOLUSDT, which are signaling a significant change.
💎Currently, #ClearPool's price is tightly consolidated within a symmetrical triangle, hinting at an imminent breakout. If the breakout is upward, it will indicate a bullish trend reversal, potentially leading to a surge and capture of significant sell-side liquidity.
💎However, if the breakout moves downward and faces rejection at the upper resistance, this would indicate a shift towards a bearish trend, potentially causing the price to revisit key support for renewed bullish momentum.
💎The key support zone is critical for $CPOOL. If the price maintains this level, it presents a prime buying opportunity, possibly leading to an upward bounce. Should #CPOOL break below this support, the next possible stop is the high-demand area below.
💎If it slips below this demand area, it will point to a more extended bearish trend. Stay alert and focused as we watch the changing dynamics in the #CPOOL market.
📊 CPOOL Trading Opportunity 🚀Favorable Risk-Reward Ratio:
CPOOL presents a promising risk-reward ratio, with its price resting on a significant support line.
Trade Parameters:
Entry Range: $0.175 to $0.185.
Take Profit: $0.24 or $0.35.
Stop Loss: $0.12.
📈 Potential Upside:
If price maintains support and rebounds, anticipate reaching profit targets of $0.24 or $0.35.
🛑 Risk Management:
Implement a stop loss at $0.12 to mitigate potential losses.
📊🔍 Stay attentive to CPOOL's movement! #CPOOLTrading #CryptoAnalysis 💰📈
CPOOL daily chart retesting the DeMark 9 support.CPOOL daily chart has retested and held support
at the DeMark9 indicator support which is not
a bad sign. the one marl of concern is that the
RSI broke down below the ascending trendline.
So CPOOL needs to have some exponential high
volume to pour in and allow these candles to
greenlight this chart. If it was to turn bullish
out of this formation, look for it to head to the
7.86 Fibonacci red box.
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.
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.
CPOOLUSD new supports formed here and expected pump aheadCPOOL / USDT
CPOOL still correcting in this pattern since early December.
Until now Cpool still couldn't be able to flip the major resistance on frames between $1-1.25.
Scenario 1: test local support between $0.42-0.43
Scenario 2: if this local support here remains valid, price can easily pump to the channel upperside and $0.60-0.63 in the next move.
Any breakout and then more pump is expected with the upcoming news of the mainnet launch.
DISCLAIMER: Trade based on your own decision, please do your own research.
CPOOL near to break out#CPOOL/USDT
$CPOOL is below a ling term descending resistance that is parallel of broken resistance line.
if price hold the support of $0.89 and break out from descending resistance, possibly will head up toward resistance zone between $1.235 and $1.345.
and if break down from $0.798, price can drop to support zone around $0.67 and then try to break out the resistance line.
CPOOLUSDT with new potential opportunityCPOOLUSDT has potential to go up to analytic target area. Trade will be bullish until it remain in upper trend line.
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