CPOOL/USDT - Swing Position
Date: 09/12/24
Name: CPOOL/USDT
Market cap
350.25M
Volume (24h)
11.65M
FDV
481.73M
Vol/Mkt Cap (24h)
3.35%
Total supply
1B CPOOL
Max. supply
1B CPOOL
Circulating supply
727.06M CPOOL
Daily Time Frame – Swing Position – Long!
Reasons to be Bullish Case:
1) Structure: Overall trend is bullish, Trending
2) Current phase: Break of structure, and continuing the uptrend
(4) Internal: Structure Shift towards upside, Pull Back done, uptrend continuation, internal Shift, ready to sky rocket.
(5) Important Key notes: .
- 558 days consolidation then an upside break and still trending., overall market centiment is quite bullish. Needs a catalyst to sky rocket.
- Currently holding Previous resistance as its support and key level on Daily Time frame
Worst case Senerios:
4) Bitcoin is currently at All time high, liquidation flush remaining (75k – 80k)
5) Due to liquidity generated and Demand zone sitting below.
6) if $0.35 is not hold, then we can see further buying opportunities on marked point of interests.
7) Invalidation – Close manually.
Trade Plans:
BUY CMP: $0.44
DCA:
CMP – $0.22
Invalidation: Manual Close
Trend Based Fibionacci Targets:
Target 1: $2.41
Target 2: $ 3.89
Target 3: $ 4.81
Target 4: $ 6.3
**This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **
Name: CPOOL/USDT
Market cap
350.25M
Volume (24h)
11.65M
FDV
481.73M
Vol/Mkt Cap (24h)
3.35%
Total supply
1B CPOOL
Max. supply
1B CPOOL
Circulating supply
727.06M CPOOL
Daily Time Frame – Swing Position – Long!
Reasons to be Bullish Case:
1) Structure: Overall trend is bullish, Trending
2) Current phase: Break of structure, and continuing the uptrend
(4) Internal: Structure Shift towards upside, Pull Back done, uptrend continuation, internal Shift, ready to sky rocket.
(5) Important Key notes: .
- 558 days consolidation then an upside break and still trending., overall market centiment is quite bullish. Needs a catalyst to sky rocket.
- Currently holding Previous resistance as its support and key level on Daily Time frame
Worst case Senerios:
4) Bitcoin is currently at All time high, liquidation flush remaining (75k – 80k)
5) Due to liquidity generated and Demand zone sitting below.
6) if $0.35 is not hold, then we can see further buying opportunities on marked point of interests.
7) Invalidation – Close manually.
Trade Plans:
BUY CMP: $0.44
DCA:
CMP – $0.22Invalidation: Manual Close
Trend Based Fibionacci Targets:
Target 1: $2.41
Target 2: $ 3.89
Target 3: $ 4.81
Target 4: $ 6.3
**This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.