CORE Technical Analysis in 12-Hour Timeframe.

27 июл.

Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

CCORE has shown a decent rebound of 93%, forming a support trendline, and it is currently holding another support at $1.269.

If CCORE rebounds from the CMP and breaks above the resistance trendline, then the primary support at $1.269 will be strong, and we will see a bullish rally, possibly a 30x gain in the altseason.

However, a breakdown will cause some trouble with the price, dropping it to the support trendline (a decent opportunity to fill CCORE in your altcoin bag).

Key levels:

- Primary Support/Entry 1: $1.269.
- Lower Support/Entry 2: $0.9636.
- Resistance: $1.515.
- Long-term Target: $4.37 (30x).
- Invalidation Point: A close below the support trendline.

DYOR, NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE