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MyCryptoParadise_Simon
Mar 4, 2024 4:53 PM

COS/USDT is in Great Position to Rally? 👀🚀COS Analysis Long

Contentos / TetherUSBinance

Description

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💎Paradisers, let's delve into #COSUSDT, showcasing dynamic market movements within an ascending channel pattern.

💎Currently, #Contentos is making strides towards the ascending resistance, emanating from the demand zone. This offers a chance for the price to rebound from this area and pursue an upward trajectory, setting its sights on the bearish Order Block (OB) as the next checkpoint.

💎However, If FWB:COS does not achieve the rebound and instead falls beneath the demand zone, we might witness a pullback to the Bullish OB vicinity around the $0.006020 mark, where it could gather renewed energy for an ascent.

💎The Bullish OB zone has historically been a critical point for catalyzing significant market recoveries upon engagement. Yet, a compromise of this zone, indicating a shift to bearish trends, may necessitate a pursuit of bullish momentum from a lower position.

💎In the event #COS doesn't harness the momentum from this or a further reduced level, a continued decline is anticipated. Rest assured, Paradisers, your ParadiseTeam is closely observing these shifts, prepared to offer guidance and insights through these evolving market dynamics.

Trade closed: target reached

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Bingo! #COS is dancing to our tune, up 77.07% just like we predicted.

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