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.
Buying spot cope under 1$ cant be too wrong imho. got lots up upside potential because the full project didnt even release yet. if they have their leaderboards and copytrading all running i can unironically see some really big upside.
DCA would be your best strategy and we can only hope the stock market doesnt nuke on monday or BTc and therefor cope would move lower.
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
November 4th, '21. 7:30PM UTC+1
Good evening traders! Is COPE in for yet another breakout? I thought I'd share those surprising similarities I found between the current price action and how COPE behaved in early August this year (to the left on the chart).
Recently COPEUSD has been following the (rough) red trend line in a very similar fashion to early August,...
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
Note: The Fib was drawn on the weekly chart, but the daily chart was used for clarity. On the daily chart, still within the flag and at a area of high liquidity. If it breaks to the upside, the next major resistance in the long-term will be the liquidity band at the top between $4.36 (previously rejected high) and $5.36. If we swing to the upside, taking profit...