$coq COQ INU is forming a Falling Wedge...$coq Coq Inu price action is forming Falling Wedge pattern!
#coq has reached an all time high of 0.0000064...with currently an 80% retracement.
Current price: $0.0000017 close to the lows of Feb 2024!
Current price is breaking out of it's falling wedge... breakout will lead to up resistances: 0.0000020, 0.0000023, 0.0000027, 0.0000031, 0.0000036, 0.0000039
COQUSDT
COQUSDT.4HBased on the provided market data for the COQ/USDT trading pair, it can be observed that the COQ cryptocurrency is currently priced at 0.0000053 USDT.
In the short term, the 4-hour Relative Strength Index (RSI) is at 60.24, which is near the neutral level of 50. This indicates a balance between buyers and sellers. The 4-hour Moving Average Convergence Divergence (MACD) at 52.0 suggests a bullish trend. The support levels are at 50.0, 44.0, and 37.0, while resistance is at 68.0, 78.0, and 80.0.
For the daily timeframe, the RSI is at 85.80, indicating an overbought condition, suggesting that a price correction might occur. The MACD at 89.0 supports this, showing strong bullish momentum. The support levels are at 33.0, 28.0, and 21.0, with resistance levels at 64.0, 81.0, and strangely at 10.0, which is significantly lower than the current price.
In the 7-day timeframe, the RSI is at 89.60, still in the overbought territory. The MACD is at 90.0, indicating a continued bullish trend. The support levels are at 33.0, 21.0, and 14.0, with resistance levels at 64.0, and curiously at 10.0 and 12.0, which again are significantly lower than the current price.
In conclusion, the technical indicators suggest that COQ has strong bullish momentum in the short term but might be due for a correction given the overbought conditions on daily and weekly timeframes. The unusually low resistance levels on the daily and weekly timeframes might be a data error and should be rechecked for accuracy.
Please note that while technical analysis can provide insights into market trends, it should not be used in isolation and does not guarantee future performance. Always consider other factors, such as market news and your risk tolerance, before making investment decisions.
$coq Coq Inu Cup and handle pattern$coq Coq Inu price action is forming a cup and handle pattern!
Current price: $0.0000019
Current price now at neckline resistance. A break above neckline resistance will lead to up resistances: 0.0000023, 0.0000027, 0.0000031, 0.0000036, 0.0000039
Continuous rejection of neckline resistance will lead to supports at 0.0000016, 0.0000012 (buy the dip areas)
Coq Inu- A MEME coin ready to expodeI usually don't buy meme coins, but every now and then, I find one I really like. That's the case with Coq.
Yesterday, the coin held up well at support, and today, it's quickly back to resistance, which looks good technically.
But remember, it's still a meme coin.
If you're thinking about buying, be aware that you could lose all your money.
CoqUsdtThere are a few possible explanations for the breakout. One possibility is that there is a short squeeze taking place. Short squeezes occur when a large number of traders are short a stock or cryptocurrency, and the price starts to rise. As the price rises, short sellers are forced to buy back their shares, which can drive the price even higher.
Coq Inu (COQ)Potential ABC Correction. DCA COQ.
The Coq (COQ) meme coin took the Avalanche blockchain by storm, with its market cap going from a few million to over $100 million in a matter of weeks. However, like the rest of the market, the COQ token is seeing a retrace which could make this a good time to strike for investors.
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