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salahuddinayube12
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Bullish
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Hello everyone
i want to buy spot coin for long term .
suggest me plx
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Assalamualaikum đđł last week I shared my thoughts đ to many trades laughing it my post . Now check the results . wake up to reality Guys and see đđ $NOT $COS $ATA
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Today, I was honored to receive the Creator of the Year 2023 Award from Binance Exchange! đđ¶đ§Ą This recognition is a testament to our collective efforts. Thanks For Your Support đâ„ïžđ€
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â ïžUnderstanding COS/USDT's W-Bottom Breakout: A Bullish Caseđš Introduction to COS/USDT and Technical Analysis COS/USDT is the trading pair between Contentos (COS), a blockchain-based content ecosystem, and Tether (USDT), a stablecoin pegged to the US dollar. Understanding the technical aspects of its price movements can help traders make informed decisions. Recently, COS/USDT broke out of a W-Bottom formation on the weekly chart, signaling a potential bullish trend. Let's delve into what this means and why it is significant. Explaining the W-Bottom Formation What is a W-Bottom Formation? A W-Bottom, also known as a double bottom, is a bullish reversal pattern that indicates a shift from a downtrend to an uptrend. It consists of two low points (forming the "W") at roughly the same level, separated by a peak in the middle. The pattern is confirmed once the price breaks above the middle peak. Key Characteristics: Two Troughs: The formation starts with a decline, followed by a rise, and another decline to the same level. Middle Peak: The rally between the troughs creates a resistance level. Breakout: When the price moves above the middle peak, it confirms the pattern. Analyzing COS/USDT's W-Bottom Breakout COS/USDT Weekly Chart Analysis Formation Period: Identify the time frame over which the W-Bottom formed. Volume Trends: Analyze volume changes during the formation. Increased volume at the breakout point adds validity to the pattern. Resistance and Support Levels: Highlight the resistance level (middle peak) and new support levels post-breakout. Bullish Implications of the Breakout 2. Project Upwards: Add the height of the pattern to the breakout point to estimate the first price target. 3. Secondary Targets: Use Fibonacci extensions and historical resistance levels for further targets. $COS $BTC $PEPE
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2 years ago this week, Terra's LUNA coin dropped from $119 to $1. âđ€Ż Two years ago this week, Terra network's native token LUNA experienced a dramatic loss in value. LUNA's price plummeted from its peak of $119 to as low as $1. This event caused a major shock in the cryptocurrency market and resulted in significant losses for investors. The sudden collapse of LUNA also raised questions about the reliability of the Terra network. Investors and analysts began to analyze the causes and consequences of this crash. How the Terra ecosystem was affected by this process and the progress of its recovery became a long-debated topic in the cryptocurrency world. Let's discuss this in the comments. đŹ #TerraLabs $LUNA #DoKwon $BTC $ETH
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