Another push below previous low should be enough damage to see some heavy capitulation. Would also run most stops and liq 1$ lev longers. Alongside positive fundamental developments and releases this will hopefully provide a nice bottom catching opportunity.
SUPPORT AND DEMAND ZONES:
1: WE ARE ON FIRST DEMAND ZONE(1.95-1.80$) . IF BTC WILL STABLE THEN COPE WILL FLY FROM THIS ZONE. (0.61 Fib, Golden Ratio)
2: IF BTC BREAK 58K SUPPORT THEN SECOND DEMEAND ZONE IS MOST IMPORTANT (1.70-150$). (0.78 Fib)
3: IF COPE DIDN'T HOLD SECOND ZONE AFTER BTC 58K SUPPORT BREAK, THEN WE MAY SEE COPE (1.20-1$)....
TECHNICALLY WHEN WE LOOK AT THE GRAPH IN 4 HOURS, THE Gartley Bull Formation ( Gartley Bullish ) HAS OCCURRED.
THESE TRANSACTIONS ARE VERY RISKY. IT MUST NOT BE
ENTERED WITHOUT MONEY RISK MANAGEMENT. FUNCTIONAL TARGETS ARE AVAILABLE ON THE CHART
PROCESSING ENTRY LEVEL:2.44 (4-HOUR CANDLE CLOSURE) IS NOT
We're all addicts to volatility. And cope has a ton of it to offer.
But I'm neutral until I see a few bull clues.
#1 I want to see a higher low form on the 4-8 hour chart
#2 A recap of the major S/R at $2.15
#3 Complete market structure change at $2.7
Likely will DCA at each of these 'clue' recaps.
Also wouldn't mind a looking at the fundamentals for another...
Looks bottomed here
This thing gets chopped around heaps, underlying fundamentals are solid long term
This is agood area (oversold) to accumulate for long term spot bags
(X)1000cope qualifies you for airdrops on solana
Copedex aggregator etcetc
Should eventually mark up and stay up...
Cope recently rejected from monthly resistance above 5$. Currently coiling after sweeping previous lows and support levels. Scaling long here looking for a rebound and retest of monthly resistance, using wide stops considering cope is highly illiquid. Looking for 200% upside, stops set at -30%.
almost carbon copy of the early uni and sushi charts
linear squiggle to 1.618 resitance for a while then continue to 10$+
fundamental coin in solana ecosystem and weve seen how well SRM SOL and RAY etc have been performing
once all the products under cope have been rolled out i expect this ones valuation to be towards 100$ percope
supercycle things i spose
I see an opportunity to buy $COPE cheap enough! Great project with no real pump phase, waiting for triple-digit profit here!
About The Token :
COPE is a project that has two phases. Phase 1 of COPE involves seeking to ascertain and evaluate trader weaknesses and failings retrospectively based on trader calls made about crypto markets and provide reporting on...
$COPE managed to break out of the range. Indicator signalled green on August 9th, followed by a strong impulse through the weekly resistance at $2.22 straight into a rejection by the monthly resistance level at $2.589, flipping the weekly resistance at $2.22 into support.
$COPE still ranging between $1.544 and $1.92 after making a nice run pushing up to weekly resistance level at $2.2 followed by a pull back to 0.382 fib ($1.598). Awaiting clear direction before entering another trade, however the $1.5 level is nog bad for a longer term swings.
These are a few of my short-term price targets on $SOL, remember this coin is currently raising nearly half a billion dollars in order to compete with ethereum. With the release of Eth 2.0 being delayed further and further, this gives other ecosystems such as Solana and Polkadot a fighting chance to win market dominance. Hence the reason I'm constantly researching...