#CAKE INCREASES 13.65% AFTER TOUCHING THIS SUPPORT LEVEL: WHAT'S NEXT?
CAKE has now bounced from the support level of 1.2-1.5 where many demands happened. This is also the key levels that many have anticipated a total breakdown which is likely to happen. Since this is also considered to be close to its monthly and yearly lows, there will be more demands to surface. As the demands will be present from these key levels and below these key levels. We can measure the demand level to be at a high and extreme level. Both will be present on these level but most of the extreme level of demands will be below this support zone. Hence, we're awaiting for the key levels where many buyers will enter as well.
#COTI INCREASED BY 26.79% AND ANOTHER POSSIBLE INCREMENT MAY STILL HAPPEN ABOVE THESE LEVELS!
COTI has continued to increase despite facing an imminent decline towards its yearly lows. Right now, with the overall market sentiment being bullish. It was able to push forward and may continue to retake the higher prices for the buyers and sellers to continue their transactions within those zones. We are doing more day trades for this token as it has already provided us with a lot of opportunities to open long positions.
A WONDERFUL DEMAND PLAY BY #COQ WITH 37.66% INCREASE!
COQ has been moving closely to its yearly lows with the price 0.000001180. The zone that holds this price is where most demands are being met. Day traders who trade within these ranges have already seized the opportunity and benefits that comes along with trading on these zones. If you monitor closely the weekly situations of this token. You will be able to see how the sellers and buyers are agreeing to maintaining the price range from 0.000000907-0.000001738. As this is an agreement ground between sellers and buyers. More traders will identify this area as a highly concentrated area and will soon become a priority area. In the event this token breaks down to its lower levels. We will see another layer of support holding this token's price and creating the same agreement ground for sellers and buyers.
Stay wise, trade cautiously.