AlanSantana

✴️ 1,000%+ To ATH; One Last Jump | Contentos

AlanSantana Updated   
GATEIO:COSUSDT   Contentos/Tether
This is the weekly timeframe and the action is already pretty advanced; Contentos has been growing since October 2023.

Since Oct. 2023 COSUSDT started its last major bullish wave, but technically speaking growth has been happening since November 2022 when a bottom low was hit.

➖ COSUSDT just hit a new multi-year high, as high as back in April/March 2022, reaching our first and main resistance level. Two things can happen here, COSUSDT produces a retrace before reaching higher —and we know the entire market is aiming higher— or it can continue straight up within this same impulse, this is the very tricky part.

How to know if a pair will continue growing on its USDT pair or retrace?

There are so many choices; we have so many options.

Some are moving forward while others are crashing down as expected after massive growth. How would a very smart, astute, wise, beautiful, handsome, gorgeous, lovely, honorable and successful trader know which pair to choose?

Look at the BTC pair and this shall give you a clue.

➖ If the BTC pair has the same chart as the USDT pair, the risk is higher for a correction.
➖ If the BTC pair is coming out of a bottom low, the potential is high for a bullish continuation.

Those USDT pairs you are interested in, check the BTC pairing and see how it is doing. If you see a high volume breakout coming out of an All-Time Low, it doesn't matter how high the USDT chart is doing it is likely to continue up.

If both sides/pairs are maxed out, near resistance then stay away. It can continue growing but the risk is too high and with so many great opportunities, why pick the ones that can end up in a losing trade?

Trade to win.
Be patient.
Be grateful.
Breath deeply.
I love you.

Namaste.
Comment:
The bullish wave continues for Contentos; main target at 0.02100 followed by 0.03333. This is short- to mid-term. Long-term, more is possible.
Comment:
Our main target is now hit, ~0.03333.
We will monitor how it develops. It needs time (multiple weekly sessions closing, for a clear picture. At this point only securing profits can be done.)

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