CC Technical Analysis Mar 21
The post CC Technical Analysis Mar 21 appeared on BitcoinEthereumNews.com.
CC is consolidating at the 0.15$ level within the overall downtrend; it remains below the bearish Supertrend and EMA20, but is giving short-term recovery signals with a daily +3.22% rise. RSI at 44 is neutral bearish, MACD supports with a negative histogram, and the critical support at 0.1472$ is of critical importance. Executive Summary CC is trading at the 0.15$ level as of March 21, 2026, with the dominant downtrend continuing. Despite the daily +3.22% increase, the price is below EMA20 (0.15$) and Supertrend is giving a bearish signal. RSI at 44.05 is in the neutral bearish zone, MACD is reducing momentum with a negative histogram. Critical support at 0.1472$ (78/100 score), resistance at 0.1686$ (69/100). 10 strong levels detected across multiple timeframes: 1D(1S/3R), 3D(3S/4R), 1W(2S/2R). Bullish target 0.1958$, bearish 0.0959$. Risk/reward ratio around 1:1.2 on the daily chart, short bias dominant in the downtrend. Bitcoin stable at 70,675$, CC moving independently from BTC. Market Structure and Trend Status Current Trend Analysis CC’s overall market structure exhibits a clear downtrend. The higher high/lower low structure is broken on the long-term weekly chart; a nearly 40% decline seen in the last 3 months. On the short-term 1D chart, after narrowing in the 0.14-0.15 range, the price held at 0.15$ with a +3.22% rise, but this recovery appears corrective rather than impulsive. The Supertrend indicator is in bearish mode and forms resistance at 0.17$. The price remaining below EMA20 (0.15$) reinforces the short-term bearish bias. Movement continues within a descending channel on the 4-hour chart, upper channel at 0.1552$, lower channel at 0.1472$. A trend reversal signal requires a close above EMA20 and Supertrend flip, which is absent currently. Structural Levels Main structural levels: The main support chain of the downtrend at 0.1472$ (swing low, 78/100 strength), a break here opens the…
Filed under: News - @ March 21, 2026 10:06 am
CC Technical Analysis Mar 21
The post CC Technical Analysis Mar 21 appeared on BitcoinEthereumNews.com.
CC is consolidating at the 0.15$ level within the overall downtrend; it remains below the bearish Supertrend and EMA20, but is giving short-term recovery signals with a daily +3.22% rise. RSI at 44 is neutral bearish, MACD supports with a negative histogram, and the critical support at 0.1472$ is of critical importance. Executive Summary CC is trading at the 0.15$ level as of March 21, 2026, with the dominant downtrend continuing. Despite the daily +3.22% increase, the price is below EMA20 (0.15$) and Supertrend is giving a bearish signal. RSI at 44.05 is in the neutral bearish zone, MACD is reducing momentum with a negative histogram. Critical support at 0.1472$ (78/100 score), resistance at 0.1686$ (69/100). 10 strong levels detected across multiple timeframes: 1D(1S/3R), 3D(3S/4R), 1W(2S/2R). Bullish target 0.1958$, bearish 0.0959$. Risk/reward ratio around 1:1.2 on the daily chart, short bias dominant in the downtrend. Bitcoin stable at 70,675$, CC moving independently from BTC. Market Structure and Trend Status Current Trend Analysis CC’s overall market structure exhibits a clear downtrend. The higher high/lower low structure is broken on the long-term weekly chart; a nearly 40% decline seen in the last 3 months. On the short-term 1D chart, after narrowing in the 0.14-0.15 range, the price held at 0.15$ with a +3.22% rise, but this recovery appears corrective rather than impulsive. The Supertrend indicator is in bearish mode and forms resistance at 0.17$. The price remaining below EMA20 (0.15$) reinforces the short-term bearish bias. Movement continues within a descending channel on the 4-hour chart, upper channel at 0.1552$, lower channel at 0.1472$. A trend reversal signal requires a close above EMA20 and Supertrend flip, which is absent currently. Structural Levels Main structural levels: The main support chain of the downtrend at 0.1472$ (swing low, 78/100 strength), a break here opens the…
Leave a Reply Cancel reply
Filed under: News - @ 10:06 am