alanmasters

Contentos (We Remain Bullish After The "Drop")

BINANCE:COSBTC   Contentos / Bitcoin
In my previous analysis, I am pretty sure we mention that we remain bullish even if prices dropped for COSBTC (Contentos)... Prices dropped and we are now aiming for the blue arrow.

Note on the bullish bias

Prices for COSBTC are trading below EMA10 which is bearish .
There isn't enough trading volume to also justify a jump now.

So even though support was broken and most altcoins are bouncing strong, we remain open for change and use a stop-loss if we decide to trade this or any other coin.

In this case, we would use as a stop-loss the 55 satoshis level (0.00000055).
If prices drop and close below 55 satoshis on the weekly timeframe for COSBTC , the above analysis becomes invalidated.

We are bullish in general on the whole altcoins market.

Right now many altcoins are starting to show the type of growth that I've been warning about for months.
It is time to collect to later enjoy the profits.

Thanks a lot for your support.

Namaste.
Comment: TARGET:

1) 0.00000080 |Hit 16-May (+26%)
2) 0.00000093 |Hit 23-May (+45%)
3) 0.00000115 |Hit 24-May  (+80%)
4) 0.00000130 |Hit 26-May (+103%)
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Comments

Thanks man
+1 Reply
alanmasters cometiko
@cometiko, For sure. :)
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Hello, many thanks for this idea, i followed it and I'm now in profit. Do you recommand to keep or to sell COS when the target is reached ?
Reply
Thanks Master
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Thanks 4 your share, do you think if ALTS going up, COS will follow? I saw so many whales putting into exchanges a lot USDT & BTC
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