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PolarHusk
Oct 27, 2020 5:38 PM

COS/BTC (Parabolic Downtrend?)Β 

Contentos / BitcoinBinance

Description

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πŸ’ŽTechnical Analysis SummaryπŸ’Ž


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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Comments
Helical_Trades
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Overview is bearish Alt season is done for now !
nice chart bud
PolarHusk
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@Helical_Trades, thank you πŸ»β€β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
Tolberti
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Looking bearish, thank you!
PolarHusk
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@Tolberti, thanks a lot πŸ»β€β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
Fisher_Fx
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looking good for more downside continuation
PolarHusk
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@Fisher_Fx, Thanks πŸ»β€β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
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