Long
COCOS/USDT (Bull Flag Potential?)
COCOS/USDT
-is forming a bullish descending channel
-currently holding 200ma & 100ma on 4H chart
-trading just above the immediate support area
-bulls still have the chance to hold the mid-term target
-must not break previous low at 255 (below is stop-loss)
-upside potential target is the swing High 336
-expect consolidation for the next 4-7 days
-short term downtrend but we are still bullish
-is forming a bullish descending channel
-currently holding 200ma & 100ma on 4H chart
-trading just above the immediate support area
-bulls still have the chance to hold the mid-term target
-must not break previous low at 255 (below is stop-loss)
-upside potential target is the swing High 336
-expect consolidation for the next 4-7 days
-short term downtrend but we are still bullish
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.