Philosof
Long

COCOS forming a bottom

BINANCE:COCOSUSDT   Cocos-BCX / TetherUS
Keep an eye on COCOS - day chart vs USDT look promising. Once BTC stop falling, it should receive some good support. Can't say how low will dump, as it depends on BTC , but if price stay within current channels, it should remain bullish . Mid/long term trade. No rush

Buy zone 1/3 size +/- 980
Buy zone 2/3 size +/- 900 (av.cost 926, hold or sell <965)
Main target +/- 1150
Bonus targets 1250 - 1350 - 1440
HODL target 1850
Stop loss below 815 (~12% from average cost)
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Hello,

I am writing to you by obtaining information about your business.
Trade is still valid despite the potential decline of the BTC or do you think that the objectives should be revised downwards?

thank you for your work
+1 Reply
Philosof Wesker19785963
@Wesker19785963, Hello, and thank you

Certainly a lot will depend on if BTC stay above 8700 or fall lower to 8500 - 8300. But trade plan stays the same. First buy zone hit. If price will hit second, sell at break-even or under 950 for small profit. Lower support will be at 820
Reply
@Philosof, thank you for your answer so a btc under 7900 usd equal no increase on cocos wholesale
Reply
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