COS (Contentos) Token Analysis 12/04/2021
Updated
Fundamentals:
Contentos is a decentralized global content ecosystem invested by Binance Labs (the blockchain incubator of world’s largest exchange, labs.binance.com), DHVC and various class-leading funds. Contentos TestNet was launched and its real-time network status can be viewed on Contentos Block Explorer (explorer.contentos.io). It aims to create a decentralized content ecosystem, where assets can be freely produced, authenticated, and distributed. The team consists of experts from the content industry, who have worked on top-tier consumer applications and blockchain projects. Contentos is not only a blueprint for what digital content ecosystem might look like in the future but we have multiple working use cases: Contentos is working with strategic partners, LiveMe and Cheetah Mobile, that have amassed over 60+ million monthly active users. With real-time user feedback, Contentos will become a premier blockchain project as it places the interest of users first.
the Clients does not require KYC for trading on the exchange, withdrawal and deposits.
Contentos price today is $0.03918404 with a 24-hour trading volume of $39,611,482. COS price is up 2.1% in the last 24 hours. It has a circulating supply of 3 Billion COS coins and a max supply of 10 Billion. Binance is the current most active market trading it.
Technical Analysis:
the Token has done its Initialization and Accumulation Phase and has shown an impulsive wave and Move Up Cycle
the Price has touched the 161.8%(Extension Level) of the Fibonacci Projection of the first Accumulation and impulsive wave which means the price is going to touch the 261.8% of the same Fibonacci Projection which is the 1 TP followed by some retracement and 2 TP.
Contentos is a decentralized global content ecosystem invested by Binance Labs (the blockchain incubator of world’s largest exchange, labs.binance.com), DHVC and various class-leading funds. Contentos TestNet was launched and its real-time network status can be viewed on Contentos Block Explorer (explorer.contentos.io). It aims to create a decentralized content ecosystem, where assets can be freely produced, authenticated, and distributed. The team consists of experts from the content industry, who have worked on top-tier consumer applications and blockchain projects. Contentos is not only a blueprint for what digital content ecosystem might look like in the future but we have multiple working use cases: Contentos is working with strategic partners, LiveMe and Cheetah Mobile, that have amassed over 60+ million monthly active users. With real-time user feedback, Contentos will become a premier blockchain project as it places the interest of users first.
the Clients does not require KYC for trading on the exchange, withdrawal and deposits.
Contentos price today is $0.03918404 with a 24-hour trading volume of $39,611,482. COS price is up 2.1% in the last 24 hours. It has a circulating supply of 3 Billion COS coins and a max supply of 10 Billion. Binance is the current most active market trading it.
Technical Analysis:
the Token has done its Initialization and Accumulation Phase and has shown an impulsive wave and Move Up Cycle
the Price has touched the 161.8%(Extension Level) of the Fibonacci Projection of the first Accumulation and impulsive wave which means the price is going to touch the 261.8% of the same Fibonacci Projection which is the 1 TP followed by some retracement and 2 TP.
Trade closed: target reached
1 TP AchievedTrade active
rebuying and waiting for the 2 TPTrade active
Scaling In
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