After Breaking Out Big Wedge Now Cocos-BCX (COCOS) Is Ready To Breakout Another Triangle

After Breaking Out Big Wedge Now Cocos-BCX (COCOS) Is Ready To Breakout Another Triangle

By moon333 | moon333 | 28 Dec 2021


 

Hi friends hope you are well and welcome to the new update on the Cocos-BCX token.

Accumulating above strongest support:
On the weekly time frame, it can be clearly observed that the priceline of COCOS is being accumulated above the $1.80 support. Previously this level has been working as strong resistance as well.

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A wedge and triangle:
On a daily time frame COCOS has broken out a big falling wedge pattern and now moving sideways. The basic reason for this sideways move is the formation of another symmetrical triangle. Once COCOS manages to breakout this triangle then it can start a big move from here.

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You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

 

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

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KuCoin is one of the best exchange to find crypto gems:

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Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882 

 

 

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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