Contetos (COS) Breaks Above EMA100 (Update)

15 thg 8, 2021

We've been looking at COSBTC (Contentos) since it was around 33 satoshis.

Now the base is set at 38-40 satoshis and continues pushing up against resistance trying to grow.

Previous chart:

As you can see, the chart remains the same.

The only difference now is that COSBTC is clearly trading above EMA50 while challenging EMA100.

We are strongly bullish above EMA50 so the rest is patience for the GREEN ARROW to show up.

If momentum is lost, the red rectangle on the chart is where we find support, below it prices drop.

This is not financial advice.

Namaste.

21 thg 8, 2021

Ghi chú

Strong breakout today.

The last two times there as a quick retrace... If it holds this time we can go straight up.