cosbusd buy callCosbusd is in uptrend and testing rising support
buy : 0.00722
sl : 0.00710
tp : 0.00739
Cosbitcoin
cosbusd buy callCosbusd is in uptrend and testing rising support
buy : 0.00708
sl : 0.00696
tp : 0.00726
COS/BTC (Parabolic Downtrend?)💎Technical Analysis Summary💎
BINANCE: COSBTC
-COS broke its Daily swing low price around 53 sat
-This is a strong parabolic downside move
-Since there is no technical support below
-We have used the reverse Fib extension
-The next potential support is around 40 sat
-Please don't try to catch a falling knife here
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✳️Contentos/BTC (20-10) #COS $COS #COSBTCCOS is moving in a huge Falling Wedge pattern and in the next few days it will reach the most important support zone at 53-57sts, which is the confluence of the bottom edge of the Falling Wedge and the lowest price zone of the COS. So there's definitely a strong buying force here and we could buy in this zone.
The highest target of this turn is 105-110sts, but COS needs to break the 70-75sts resistance zone, and there will be a correction at the 90sts.
But exit the COS if it falls off 50sts
COS/BTC (Retest Key Support Area)BINANCE: COSBTC
-Contentos is pulling back down after the bounce happened last week
-If the 70 sat level will not hold in the next few days
-Then a higher chance to retest major support in on the card
-Wait and see if the major support will hold
-If yes, a potential retest of trendline resistance
-I recommend to buy the breakout confirmation or wait for a pullback
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#COS/BTC (June 08)COS has a super strong resistance at 108-110sts which I don't want to bet on it. We all should wait for the final result at this zone.
Because I think it is not ready to pump up from here.
- But if it pumps and pass over 110-115sts, you should buy it for the target about 145-150sts
- If you want to buy it, you can start to accumulate it in the range of 85-90sts, not above 100sts
- If it drops below 80sts, we may see a massive dump on it, then it will dump gradually to 35-40sts
#COS/BTC (May 23)COS is showing its great volume and we can expect its target is at least 90-95sts before June.
If you have not COS, you should accumulate it in the range of 60-65 for big moves in next days
Contentos (Feb 13) - 122% in 59 Days#COS/BTC (Binance)
Buy : 95 - 100
Sell : 105 - 110 - 120 - 140 - 160
Stop : 86
#COS $COS #COSBTC
COSBTC formed bullish Gartley | 20% profit potential tradePriceaction of Contentos (COS) / Bitcoin cryptocurrency has formed bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
But Stochastic did not give bull cross and MACD is strong bearish so for secure trade we should wait for MACD to turn weak bearish or for stochastic to give bull cross then buy otherwise the price action can move more down to form a bullish Crab .
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000217 to 0.00000205
Sell between: 0.00000226 to 0.00000248
Regards,
Atif Akbar (moon333)