The post CC Technical Analysis Jan 20 appeared on BitcoinEthereumNews.com. The current market structure appears intact as an uptrend, but carries a risk of shiftThe post CC Technical Analysis Jan 20 appeared on BitcoinEthereumNews.com. The current market structure appears intact as an uptrend, but carries a risk of shift

CC Technical Analysis Jan 20

The current market structure appears intact as an uptrend, but carries a risk of shift with short-term bearish signals. $0.1181 support is critical.

Market Structure Overview

CC is trading at the $0.12 level and showed a %11.05 rise in the last 24 hours. Although the overall trend is defined as an uptrend, its position below EMA20 ($0.13) and Supertrend’s bearish signal indicate short-term weakness. When analyzing the market structure with HH (Higher Highs) and HL (Higher Lows) patterns, the uptrend structure is preserved in broader timeframes. However, as long as it stays below the last swing high of $0.1336, the risk of LH (Lower High) formation increases. In the MTF structure (1D/3D/1W), there are 11 strong levels: Supports are dominant (1D: 3S/2R, 3D: 4S/2R). RSI 48.92 is neutral, MACD with bearish histogram shows weak momentum. The structure is awaiting $0.1336 BOS for bullish continuation; for bearish, watch for a break below $0.1181. This analysis is price action focused, offering an educational perspective through swing points and structure breaks.

Trend Analysis: Up or Down?

Uptrend Signals

CC’s uptrend is supported by the classic HH/HL pattern. The rise starting from the main swing low $0.0300 (score 60/100) continued with $0.0949 (64/100) HL and formed a new HL at $0.1181 (68/100). This confirms the higher lows series. On the highs, the pullback to $0.1336 after $0.1445 carries LH risk, but the overall structure can strengthen with a new HH above $0.1336. Support weight in 3D and 1W timeframes (7S vs 4R) shows the uptrend is intact. Educational note: Uptrend is defined by consecutive higher highs and higher lows; this symbolizes buyer control and increases continuation probability.

Downtrend Risk

For a transition to downtrend, LH/LL pattern is required: Staying below $0.1336 confirms LH, a break below $0.1181 forms the first LL. This BOS could lead to $0.0949 and $0.0300 (bearish target score 28). Short-term below EMA20 and MACD bearish are reversal warnings. BTC dominance and sideways trend also create pressure on altcoins. Watch: Close below $0.1181 becomes a CHoCH (Change of Character) signal.

Structure Break (BOS) Levels

BOS levels confirm trend changes. Bullish BOS: Weekly close above $0.1336 (score 86/100) makes a new HH and opens $0.1445 retest + $0.2462 target (bullish continuation score 0, but structural target). Bearish BOS: Daily close below $0.1181 (68/100) invalidates uptrend and starts LL series; expect $0.0949 test. These levels are derived from swing points and should be confirmed with volume. Educational: BOS shows structure shift when breaking the previous swing; watch for false breaks.

Swing Points and Their Importance

Recent Swing Highs

$0.1336 (86/100): Most critical resistance, latest HH candidate. Break confirms uptrend continuation. $0.1445 (73/100): Previous major high, retest level. These points test seller strength; holds create LH.

Recent Swing Lows

$0.1181 (68/100): Nearby support, preserves uptrend as HL. Break is bearish BOS. $0.0949 (64/100) and $0.0300 (60/100): Deep supports, major reversal zones. Educational: Swing low/highs are defined by 3+ bar pivots; supports show buyer entry, resistances show selling pressure.

Bitcoin Correlation

BTC at $91,289 (-1.90% 24h), in sideways trend but Supertrend bearish. Key supports $90,920/$88,225; resistances $92,479/$94,151. Altcoins like CC are highly correlated with BTC; BTC drop below $90,920 could trigger CC break below $0.1181. BTC dominance rise creates pressure on alts. Watch: BTC $92,479 BOS provides relief for CC. Details for CC Spot Analysis and CC Futures Analysis.

Structural Outlook and Expectations

Uptrend intact (HH/HL), but $0.1336 resistance and short-term bearish signals (below EMA20, MACD) require caution. Hold above $0.1181 preserves HL; monitor BOS levels. MTF support weight gives bullish bias, but BTC risk exists. Structure-neutral short-term, wait for BOS for directional move. Market structures are dynamic; risk management is essential. (Word count: 1056)

This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/cc-market-structure-analysis-january-20-2026-trend-status

Market Opportunity
Canton Network Logo
Canton Network Price(CC)
$0.14343
$0.14343$0.14343
-5.81%
USD
Canton Network (CC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

When is the flash US S&P Global PMI data and how could it affect EUR/USD?

When is the flash US S&P Global PMI data and how could it affect EUR/USD?

The post When is the flash US S&P Global PMI data and how could it affect EUR/USD? appeared on BitcoinEthereumNews.com. US flash PMI Overview The preliminary United
Share
BitcoinEthereumNews2026/01/23 20:54
BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

The post BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus appeared on BitcoinEthereumNews.com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Curacao, Curacao, September 17th, 2025, Chainwire BetFury steps onto the stage of SBC Summit Lisbon 2025 — one of the key gatherings in the iGaming calendar. From 16 to 18 September, the platform showcases its brand strength, deepens affiliate connections, and outlines its plans for global expansion. BetFury continues to play a role in the evolving crypto and iGaming partnership landscape. BetFury’s Participation at SBC Summit The SBC Summit gathers over 25,000 delegates, including 6,000+ affiliates — the largest concentration of affiliate professionals in iGaming. For BetFury, this isn’t just visibility, it’s a strategic chance to present its Affiliate Program to the right audience. Face-to-face meetings, dedicated networking zones, and affiliate-focused sessions make Lisbon the ideal ground to build new partnerships and strengthen existing ones. BetFury Meets Affiliate Leaders at its Massive Stand BetFury arrives at the summit with a massive stand placed right in the center of the Affiliate zone. Designed as a true meeting hub, the stand combines large LED screens, a sleek interior, and the best coffee at the event — but its core mission goes far beyond style. Here, BetFury’s team welcomes partners and affiliates to discuss tailored collaborations, explore growth opportunities across multiple GEOs, and expand its global Affiliate Program. To make the experience even more engaging, the stand also hosts: Affiliate Lottery — a branded drum filled with exclusive offers and personalized deals for affiliates. Merch Kits — premium giveaways to boost brand recognition and leave visitors with a lasting conference memory. Besides, at SBC Summit Lisbon, attendees have a chance to meet the BetFury team along…
Share
BitcoinEthereumNews2025/09/18 01:20
Wizkid & Asake’s ‘Jogodo’ becomes fastest African song to surpass 10 million streams on Spotify

Wizkid & Asake’s ‘Jogodo’ becomes fastest African song to surpass 10 million streams on Spotify

Wizkid and Asake have set a new record with their latest collaboration, “Jogodo,” which crossed 10 million Spotify… The post Wizkid & Asake’s ‘Jogodo’ becomes fastest
Share
Technext2026/01/23 21:27