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COSBTC

✳️Contentos/BTC (20-10) #COS $COS #COSBTCCOS is moving in a huge Falling Wedge pattern and in the next few days it will reach the most important support zone at 53-57sts, which is the confluence of the bottom edge of the Falling Wedge and the lowest price zone of the COS. So there's definitely a strong buying force here and we could buy in this zone. The highest target of this turn is 105-110sts, but COS needs to break the 70-75sts resistance zone, and there will be a correction at the 90sts. But exit the COS if it falls off 50sts
CLong
by CryptoStation
2
COS/BTC (Retest Key Support Area)BINANCE: COSBTC -Contentos is pulling back down after the bounce happened last week -If the 70 sat level will not hold in the next few days -Then a higher chance to retest major support in on the card -Wait and see if the major support will hold -If yes, a potential retest of trendline resistance -I recommend to buy the breakout confirmation or wait for a pullback `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
C
by PolarHusk
12
Contentos (COS) Multiple Scenarios | Chart AnalysisContentos (COSBTC) is doing what I call "strong consolidation" with prices trading above EMA200. We also have a bullish flag which is a classic bullish pattern and a bullish cross of EMA100/MA200 as well as EMA10/EMA200. Many bullish signals are present on this chart. The main scenarios go like this... COSBTC stays above EMA200. This lead to a bullish jump fast. Or, prices break below but we still remain bullish above MA200. Finally, if prices drop and break below MA200 we would see lower prices but still a jump after as long as we stay above the blue dashed line. Here you can see again why we are always so bullish with altcoins... Even if prices drop, the bullish bias remains really strong. But in this case here, we have the bullish flag, strong consolidation and a recent break of resistance (EMA200) now turned support. I shared with you since January that the bullish growth we were seeing was only the beginning and that we would see so much more... This is still true today... You've been warned. Prices can easily move higher... Remember that trading is not only about buying but also selling. Buying in low/around support is definitely necessary to produce a winning hand, but once prices start to move higher, there are different methods that should be followed for you to sell. Plan beforehand... Set your sell orders on your target before prices start to move. Since we get very long-wicks in crypto, you will maximize profits if this is what you do. This is not financial advice of course... It is up to you to choose what you really would like to do. Your support is appreciated. I am wishing you great profits, wealth, health, and success. This is Alan Masters. Namaste.
CLong
by AlanSantana
3
COS entering into consolidationAs seen, the COS has just broken the weekly resistance on the 4th test. Now that resistance has become support, but at the same time there is rejection from next weekly level. Trend line is also acting as a support, but COS has to break 112 resistance as it being tested 1st time after two months. last time it was tested in 26 may 2020, and before that it was tested in march 2019. So we can assume that 112 level is the strong weekly resistance, otherwise it would be a downtrend.
C
by SmartMaxi