FOLLOWING OUR BRIEF ENTRY, $COW GENERATED A 20.34% PROFIT (6.5K PROFIT WITH PARTIAL TAKINGS).
We have been monitoring COW to see how its price activity affects traders' decision-making. After reaching a significant resistance level of 0.7672, the purchasing pressure for COW weakened. For a decent short entry, there were multiple hunts. For our short trade, we have so obtained one of the best positions. Waiting for the price to continue to decline at the resistance levels would be one of the best strategies. Following a period of stability in the price range of 0.5381-0.7730, quadruple resistance points have emerged. A proven method of achieving success in identifying short for profit is to put these strategies into practice.