Oil looks to be still in the contracting pennant. And likely this will try to move to the upper range of the pennant. The green lines I am leaving in which were drawn in the past upon the initial green line. I leave them so I can see for myself what my "speculative" analysis is. By speculative I mean there is no technical evidence to support this hypothesis...
Entering a new short on a move like this for a possible deeper dive. Next month doesn't look good IMO
Possible support, take profit short. Mild hidden divergence supports this hypothesis. The macd crossing 20% is a short term buy.
Time to cover. The fear for now is gone. This ugly chart just shows my thought process and thought I'd leave it as it is. Not pretty but It is remarkably accurate in what the outcome was. A fantastic month so far.
With only 78k in circulation this is bound to take off higher than a pittly 300 dollars. Tp1 - 10k Tp2 - 20k Tp3 - 30k Tp4 - 40k I Only own 4 and it means nothing if cover goes to zero as the benefit outweighs the cost.
cover has strong fundamentals as well as shield mining make it possible that drive cover to 300 area and still it is in uptrend soon we will approach to 400 to make a strong resistance.
This is not financial advice. This is my observation and how I am trading it. Feel free to comment below.
500$ zone showed us it is its very strong support that we can trust in and it could be the dip of the recent decline. It is heading to 800$ zone, if it can conquer this zone, it will move up to 1300$ easily, so at the moment COVER is very promising 📅EVENTS No News 📈BUY -Buy: 480-520$. SL if B -Buy: 780-820$ if A. SL if B 📉SELL -Sell: 780-820$. SL if A -Sell:...
4H hollow candles. Price breakout at the end of this disascending triangle. Good Luck CryptoHellas team
Posting this idea just to remember that this coin exists.
We see significant growth of the Cover token on the 1hour chart. Expect to see COVER grow even more as this defi protocol project is recognised in the market even more.
Hi guys, This is my first post here. Cover Looks primed for huge upward potential. Technical: MFI: 27.5 RSI: Below 50 Downward Trend Broken Price Targets: Entry: Below $600 Target 1: $ 815 Target 2: $ 1227 Target 3: $ 1553 Stop Loss: $440 Fundamental Defi Insurance (Any Defi project under ETH, DOT, BSC chains can be added) Cover soon to enable staking....
Cover Daily Bullish Pennant Breakout.
Cover is a good insurance with a great team. So you can wait the drop on 900$ And go the sky. Look the low cap et low supply :) Market Cap $61,626,007 Circulating Supply 58,728 COVER Enjoy
Cover Protocol is getting ready for another breakout. If you like my analyse and if you want to get more analyses from me, please don't forget to push like to this post.
COVER has lost its value that experts (like us) estimated it so it needs to be fixed at its right price in the lower sections IF U HAVE THIS ASSET, transform it to anything and save your money dont stay at it
Here we go... Pop corn ready !? HAPPY TRADING! MORE TO COME.