SpartaBTC

COCOS / BTC Falling Wedge. New coin. There were no pumps.

COCOS / BTC Coin is new, there has not been a pump yet.
Mostly bidding on Binance. On the BigONE exchange, where the normal trading volume also appears, there is a fake volume increase. Therefore, real trading is only on Binance.

After listing on the Binance exchange, a rectangle formed that could potentially act as an accumulation channel. But the rectangle was pierced down, which served to form a descending wedge, which we see now on the chart.

Satoshny price. Pump coin. It is clear that the coin was created only for temporary speculation. Therefore, pumps from such low values ​​can be hundreds of percent. Levels shown on the chart. It is worth noting that the orders of the purchase order book have recently been strengthened. Perhaps a breakthrough of the formation and a reversal of the descending wedge will already be made. But at the moment, the price is still inside the wedge.

Entrance.
Entrance in case of a breakthrough or rollback after a breakthrough of the resistance line of the downward wedge

Stop loss
Under key support levels during your entry into the market.
In this situation, it will be beyond the broken resistance of the downward wedge.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.

Target
I showed the target levels on the chart. The first goal is about + 100%. Further, how the price will react to resistance. The step of orders is as big as the price of satosh. The coin is new, has not yet been inflated. It can swing hundreds of percent. Coin for speculation only, no holding of loser traders. The coin can repeat the success of HBAR, according to which I gave a trading idea 2 days before pumping and which made + 500%.

Similarly, the new Binance coin was not pumped. Dala + 500% for 3 days from the entry point.

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