Technical analysis by RP_cryptotrader about Symbol CPOOL: Sell recommendation (12/16/2024)
https://sahmeto.com/message/3728236

RP_cryptotrader
Rank: 34050
Analytical Power:
1.2
CPOOL Hanging man CS more red to come?
:Sell
Price at Publish Time:
$0.54045

CPOOL on daily The chart on CPOOL looks rather bearisch with high wicks and a massive hanging man candlestick. After a nice run up this could signal the cool down for CPool. The RSI was overbought for a few days and did withdraw with a small way into the higher mid range before popping up again. With BTC making new ATH the market is awaiting the storm as it seems. Can we get a nice cooldown from here and see a nice entry or will CPOOL pick up the uptrend and steam on to new highs? I would be carefull with leverage longs at this point
Source Message: TradingView