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Contentos Grows 60% To Break Above Resistance
Long
Contentos Grows 60% To Break Above Resistance
By AlanSantana
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Jan 31, 2022
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Jan 31, 2022
Yesterday marked a good day for Contentos (COSBTC) as we saw a break above EMA10 as well as MA200 on high volume.
This 60% jump is indicative of the end of the correction/consolidation phase.
We have bullish indicators now with long-term higher highs and higher lows.
This current move can signal that the correction is over, COSBTC can resume its growth.
Conditions for change
This analysis is invalidated if prices move and close below the last "higher low".
Thank you for reading.
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Namaste.
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