After the mid-cycle correction, COS/USDT has retracted all the way back to 0.702 Fibonacci retracements On (log scale). since the rejection from 0.702 and downtrend line price been consolidating between 0.386 0.618 fibs. Cos did manage to break out from the downtrend line but fail to close above on a daily. this gives us a good buying opportunity. I expect cos to try to break out again
As long COS stays above the Pink box dips are a gift.
Cos/USDT currently trading at $0.023
The ideal buy zone would be under $0.021
Invalidation point = below $0.017 daily base
As long COS stays above the Pink box dips are a gift.
Cos/USDT currently trading at $0.023
The ideal buy zone would be under $0.021
Invalidation point = below $0.017 daily base