Welcome to this quick Update, everyone.
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COS Broke out of the 140-day long triangle and is currently retesting the support level.
It's highly likely it can pump 50% to 120% in the mid term and...
COS/BTC is currently at (55-53 sat)
Falling wedge + all time low supports
Will hold ????
it's a risky
Because with current btc volatile movements + dominance increase can easy make it print a new low
should first form a base of support
If the bulls can save this area from drop for next few days we can see a nice move up
Also 50sat is a physiological...
Saw this pump today, difference between Gate and Coinone was like 30%.
It was pumped straight into resistance so, I wouldn't recommend to open a long here. Assuming it's just a first test of strong resistance and all crypto market doesn't look great - short setup looks more promising and less risky.
Information is just for educational purposes, never financial...
