CPOOLUSD new supports formed here and expected pump ahead
CPOOL / 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 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.