Hi dear friends, hope you are well and welcome to the new trade setup of Contentos (COS) with BTC pair.
On a 4-hr time frame, COS has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BINANCE:COSBTC looks absolutely nice at the moment.
All necessary details on chart.
overview.
RSI is good Macd is good.
Broke down out of triangle and inverse hhead and shoulder.
Sitting on EMA200 on 4h time-frame. Now consolidating under resistance which is bullish.
Lets see how it goes.
happy trading.
As seen, the COS has just broken the weekly resistance on the 4th test. Now that resistance has become support, but at the same time
there is rejection from next weekly level. Trend line is also acting as a support, but COS has to break 112 resistance as it being tested 1st time after two months. last time it was tested in 26 may 2020, and before that it was...
COS has a super strong resistance at 108-110sts which I don't want to bet on it. We all should wait for the final result at this zone.
Because I think it is not ready to pump up from here.
- But if it pumps and pass over 110-115sts, you should buy it for the target about 145-150sts
- If you want to buy it, you can start to accumulate it in the range of 85-90sts,...
COS is showing its great volume and we can expect its target is at least 90-95sts before June.
If you have not COS, you should accumulate it in the range of 60-65 for big moves in next days
Saw this pump today, difference between Gate and Coinone was like 30%.
It was pumped straight into resistance so, I wouldn't recommend to open a long here. Assuming it's just a first test of strong resistance and all crypto market doesn't look great - short setup looks more promising and less risky.
Information is just for educational purposes, never financial...
It did nice breakout however couldn't rise much because of market situations.
We are seeing that a new uptrend is happening now and especially volume candles looks promising.
Current place look nice for low risk enter to trade.
Stop level under yellow trend line
There is a bottom formation confirmation on Contentos COS/BTC pair. Inverse Head And Shoulders
Formacao de fundo confirmando da moeda Contentos no par COS/BTC. Ombro cabeca Ombro invertido.
COS(Contentos) is about to make a measured move up. Uptrend forming.
As you can see COS is about to break out of the price consolidation of the triangle. As altcoins are now, chances are very high that it continues it's uptrend in an accelerated state.
Do not forget your good risk management habits, but do not let the fear of the bear market programming to keep...
Looking good, I am awaiting entry on a pullback. The stochastic rsi has crossed up for the first time since Binance listing.
I AM NOT A FINANCIAL ADVISER!
Great breakout from this flag that was forming over the last few weeks; also being followed up by some good volume. A daily close above 175 sats would be quite bullish, confirming this breakout and likely triggering a bullish continuation to our other targets.
Great bounce from our support region, now seeing a good increase in volume upon breaking out of this bullish parallel channel ; we can anticipate price to keep rising with volume... Strong support remains around the 200 sat region while our main resistance stands around 300-315 sats.
Priceaction of Contentos (COS) / Bitcoin cryptocurrency has formed bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
But Stochastic did not give bull cross and MACD is strong bearish so for secure trade we should wait for MACD to turn weak bearish...
