Contentos has been printing higher lows since 2020. The latest, major low, happened November 2022, together with Bitcoin. This low led to a strong bullish wave, long-term, that peaked April 2024, a little bit after Bitcoin. Total growth amounted to 734%.
Based on the lows from October 2023 and November 2022, Contentos (COSUSDT) continues with the long-term bullish bias.
Now, it seems it can go lower, one final drop, before the ultra, mega, super, hyper bull-market of 2025. This is irrelevant.
Please refer to the C98USDT trade idea published recently, here I explain about the top, bottom, lows and what not.
It is not really about getting the exact top or bottom. It is not about making predictions nor arguing about who is right and who is wrong.
It is about you, having a sound strategy, a plan, that is easy to follow and that produces great results.
When prices are low, we buy and hold. It can go lower, this is always a possibility, and for this reason we prepare to wait/hold long-term.
If prices start rising right away, we consider it a blessing and enjoy the profits as they come.
Remember, we trade spot. No leverage, no margin, no risk.
In the worst case scenario, we get to wait, but waiting should be short after such a major corrective phase.
Anyway, this pair is strong based on the last bullish wave, shown on the chart. We have a higher low and this will hold regardless and thus we can aim for a higher high next.
A higher high implies a new All-Time High for this pair. We are talking about something in the range of 14-22X.
Regardless of how high it goes in the end, I think it would be worth the wait.
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