Holding the Strong Support With Double Bottom & Volume is Increasing As Well
RSI Bullish Divergence As in Daily Chart..
Expecting Wedge Breakout in Coming Days...
In Case of Breakout, Target will be Strong Resistance..(Mentioned in Chart)
Please, give us your opinion in the comments.!!
If you like the idea, please hit the Like button and...
Forming Expanding Wedge Pattern in 8hrs TF Chart..& Inside the Expanding Wedge, Falling Wedge Breakout Done as Well..
Volume is also Decreasing & Mostly Indicators are Turning Bullish As well.. So Grab it Again..
I think this Wave will be Bigger than Previous Because MainNet & Lot of Updates Coming Ahead in Q4..
What is COCOS-BCX??
Priceline of Cocos-BCX / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.000936 to 0.000851
Sell between: 0.001003 to 0.001166
Keep an eye on COCOS - day chart vs USDT look promising. Once BTC stop falling, it should receive some good support. Can't say how low will dump, as it depends on BTC, but if price stay within current channels, it should remain bullish. Mid/long term trade. No rush
Buy zone 1/3 size +/- 980
Buy zone 2/3 size +/- 900 (av.cost 926, hold or sell <965)
Hello traders !
This is my view on the COCOS / USDT pairing. Cocos has had a nice run the last couple of days, and in my opinion looks like we have a little higher to go. The ADX and DI show the bulls are still in control. Unfortunately the momentum seems to be dissipating, (the white line) but as far as lagging indicators go, this could correct itself in time,...
25days in a falling wedge channel made me lose my hope on this coin
but here we have another chance
as you can see we are at the bottom of the channel and we also can see that the rsi level is just so below the 30 level so we have a oversold situation
i perdict that in a few more 4hrs cancels we might see a move from the bottom of the channel...
you must have seen that the falling wedge pattern is happening on 8hrs,6hrs,4hrs time frame
the MacD and signal has already crossed
the volume is increasing
so we are going to have a jump here but the thing that I'm more interested is that it might have a 80% rise in a few week
buy at 0.001180
stop loss 0.001120
long target 0.0021