TheLast Lydians
--
Bearish
$COW
Here is my #COW analysis
Rising star of today #COW has been in a rise more than %30. To get an overall idea of this coin, we should check first the numbers of it. The volume of #COW is the critical one here.
Around $150M volume is not a huge one for an rising coin especially with this ratio. So it could not manage to gather a huge number of trader which leads a bearish movemebt after its highest point.
it already reaches its highest point and could not jump over it woth this volume and selling pressure.
so I estimate a bearish movement below 1 and will be steady around 1 , 0.98 - 1.02
Current price 1.1378
stay connected and see my other analysis 🎯🔫
🖤
#COW
@TheLast Lydians
Here is my #COW analysis
Rising star of today #COW has been in a rise more than %30. To get an overall idea of this coin, we should check first the numbers of it. The volume of #COW is the critical one here.
Around $150M volume is not a huge one for an rising coin especially with this ratio. So it could not manage to gather a huge number of trader which leads a bearish movemebt after its highest point.
it already reaches its highest point and could not jump over it woth this volume and selling pressure.
so I estimate a bearish movement below 1 and will be steady around 1 , 0.98 - 1.02
Current price 1.1378
stay connected and see my other analysis 🎯🔫
🖤
#COW
@TheLast Lydians
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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