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Technical analysis by RP_cryptotrader about Symbol CPOOL: Sell recommendation (12/16/2024)

https://sahmeto.com/message/3728236
RP_cryptotrader
RP_cryptotrader
Rank: 34050
1.2

CPOOL Hanging man CS more red to come?

:Sell
Price at Publish Time:
$0.54045
Sell،Technical،RP_cryptotrader

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
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