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COCOSUSDT

COCOS/USDT (Found Key Support Area?)BINANCE: COCOSUSDT -During the BTC crash, COCOS break the trendline support downward -The price hits the previous resistance and support area -And the price bounce up by over 30% increase -This may only be a relief reaction during the massive sell-off -Please do not FOMO and understand how the market works -If there will be short term reversal in the next few weeks -COCOS may try to test the trendline resistance around 0.000450 ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
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by PolarHusk
4
COCOS-BCX Channel. Ascending Triangle (Bullish). Denouement soonCOCOS-BCX Downlink. Ascending Triangle (Bullish). Soon there will be a denouement of the situation. The price is near the breakdown zone of a downtrend. Entrance to the market. To breakthrough or rollback after breaking this figure. A very good entry point is planned. Target. Complete the development of the goals of the ascending triangle by 130%. You must also understand this coin for the Binance fraudulent pump. In the recent past, it was no coincidence that they removed a couple of COCOS / BTC coins. Kills belief in growth in hamsters. When you need to give presents to hamsters, a trading pair will appear. The same thing happened with the DCN coin before the price increase of 8,000%. I also note that in cases where the price does not consolidate above the downtrend line, the price can begin to move sideways, forming a horizontal channel of 130%. If you trade because of hopes and expectations, and not according to a trading plan, you follow a nervous and unprofitable crowd. Stop loss Under key support levels during the launch of your market. Remember to move the stop loss when the price rises, but consider the volatility of the coin. It’s important not the Stop Loss size, but the entry point! Use Stop Loss not to protect losses, but to protect profits! And that will allow you to make the right entry point! It’s impossible to always make money in the market. It is important that there are more positive transactions than negative ones. More information about trading, psychology and not only in my telegram in Russian SpartaBTC.
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by SpartaBTC
5
COCOS/USDT (bullish pattern: 80% pump?)COCOS/USDT COCOS broke the middle trendline support but able to find a secondary line of buy area between 220 areas. Currently, the price is facing a minor rejection at 20 EMA which also coincides with the mid trendline resistance. If COCOS pullback and confirm a new higher low. There is a chance it will grow up to 400-490 levels. Bearish side, if the price closes the previous wick at 160 will invalidate this bullish scenario in the short term.
CLong
by PolarHusk
COCOSUSDT formed bullish Shark | Upto 53% bullish movePrevious Harmonic Move: Hi friends hope you are will, on 28th Dec 2019 the Cocos-BCX (COCOS) formed a bullish Butterfly and I posted chart on this move as below: Then the priceline moved up from potential reversal zone and produced 54% profit. A Formation Of New Harmonic Pattern: Now again the priceline o Cocos has formed another harmonic pattern and this time we have bullish Shark pattern. Let’s dig the pattern deeper to see how perfect the pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg. Buying And Sell Targets: The buying and sell targets according to harmonic Shark pattern should be: Buy between: $0.000517 to $0.000453 Sell between: $0.000573 to $0.000697 So this time we can expect up to 53% bullish move. Stop Loss: The potential reversal zone area which is up to $0.000453 can be used as stop loss in case of complete candle stick closes below this level.
CLong
by moon333
Cocos-BCX vs TetherUS Downtrend Broken, Bull Mode On!Cocos-BCX (COCOSUSDT) finally broke out of a downtrend that started back in October 2019. This is a strong break and with prices for COCOSUSDT now trading above EMA50, additional growth is sure to happen. Here we have a bullish RSI, sitting at 73. The MACD is on the bullish zone and allows for additional growth. The next barrier is 0.000721 or EMA100. Below this level, we will see COCOSUSDT consolidating, doing sideways until it finally breaks and moves up. So watch out for a break of EMA100 (purple line), as soon as this level is conquered, we will see Cocos-BCX go much higher. Conditions for change If instead prices move lower and close below 0.000609 or EMA10, we take it as a warning that prices can go lower. If the last low at 0.000487 is taken out, then we switch from bullish to bearish. Right now Cocos-BCX is moving higher against TetherUS and looks like it will continue to grow. Namaste.
CLong
by AlanSantana
3