COCOS/USDT (bullish pattern: 80% pump?)
COCOS/USDT
COCOS broke the middle trendline support but able to find a secondary line of buy area between 220 areas.
Currently, the price is facing a minor rejection at 20 EMA which also coincides with the mid trendline resistance.
If COCOS pullback and confirm a new higher low. There is a chance it will grow up to 400-490 levels.
Bearish side, if the price closes the previous wick at 160 will invalidate this bullish scenario in the short term.
COCOS broke the middle trendline support but able to find a secondary line of buy area between 220 areas.
Currently, the price is facing a minor rejection at 20 EMA which also coincides with the mid trendline resistance.
If COCOS pullback and confirm a new higher low. There is a chance it will grow up to 400-490 levels.
Bearish side, if the price closes the previous wick at 160 will invalidate this bullish scenario in the short term.
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