If the cycle for COCOS keeps the trend, there is a possibility that it could reach a market cap of 1 billion, which may have an impact on its price action, potentially reaching $15. However, it is important to note that this is not a trading idea, but rather a view of the market's potential. As a trader, it is crucial to follow the current market trends and practice good risk management.
We will be closely monitoring COCOS in the coming weeks and observing if the trend continues. Our main focus will be on the target of $2.75, which could potentially be followed by an all-time high Target.
The most important is that the trend holds the cycle view.
This update is not trading or investing advice. Manage in all time the risk as there is no guarantee in the markets.
The price action effect can take also for the long term.
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COCOS shows similar market movements with INJ which did increase from 1 to up 9 USD.
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Backtesting the MTH PATTERN
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This view is not made for 1MIN chart watchers. This Is a pattern view that made the same for INJ price before at around 1 USD price action
Previous chart around same trend pattern trend INJ
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COCOS will stay one of the most chances for an unexpected high whale breakout. we have seen Manny breakout trends: from sleeping coins to a coin that already was on the right pattern level and did breakout.
The market at this moment is stable, and as this is not a day trading update, users should never enter any coin Market orders without an entering zones plan.
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COCOS still going for the long-term goal, and it's interesting at this time frame
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Following coming time COCOS for the most important First target
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What was the market's easy if it's going only 1 side, and we had many winners but the market is much harder than that. it's going depending on levels trends and TA and more extern factors.
At this moment the most important is that COCOS still following the green view in the main trend. The same patterns we did study before at INJ showing now in cocos. INJ did not go in 1 step from 1.60 to up 9 USD but in steps. Trade safe and with the right market study as there will be never a guarantee in the market.
The most important next target for COCOS = $2.79 When its time for breakout it will come.
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COMBO | 𝐓𝐞𝐬𝐭𝐧𝐞𝐭 𝐢𝐬 already 𝐋𝐈𝐕𝐄 Soon new update on this chart view.
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To achieve the target of $2.79, an estimated market capitalization of 66 million is required, which seems feasible based on the current holder range. This would result in a total market capitalization of approximately $198 million.
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After 16H: COCOS is still in the green. Following the trend patterns for the breakout possibility.
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The algorithmic view shows a high possibility of a target gain of $2.79 from 1- 20 days.
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The trend continues to rise with building trend, we have seen that COCOS increased by 320% in just three days in February 2023.
This is not a day trade coin, and the whale volume can come unexpectedly by market and DCA.
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until now, COCOS is still stable. Years of studying the market have revealed that the real key to earning and attracting whales is not necessarily through the expectation of a direct increase during a building trend. Markets going on their way, and price increases come unexpectedly, whales don't typically enter into a single trade. It's essential to always practice high-risk management and carefully analyze the market to make informed decisions.
COCOS have still a high possibility of gaining Target and even more.
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This update remember us to when we did share the INJ update at around $1.80 with the expectation that it has a building trend and a high chance it's going to $8. Also on INJ, the building volume did not go directly, but the unexpected whale volume did let the trend grow even above the target in the short term. Trading can be very risky with expecting a direct increase
PREVIOUS trend, history charts are not all but we can learn a lot from it.
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INJ before breakout
COCOS at this moment
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These updates are never trading advice, but how we see this coin ( COCOS) depending on the study, is that this coin going to see a breakout by night whales. what this means is an unexpectedly and market volume.
This is not a must that it should happen on week frame. We base this on the study we have done on this coin.
It's very important to remember that guarantees in the market are 0. There should be always risk management. And NO high-risk trading, as SPOT is the best one.
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COCOS going depending trend follow
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After 19 days Cocos still seems interesting for the long-trend view.
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The last study shows that COCOS has a high possibility long term to be one of the coins that are able to break out.
@PersisConsult, Thanks for your reply. Flux could be Interesting if it targets $0,70 with confirmation for further follow. The long-term view is still stable.
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Thank you for sharing your opinion. We appreciate)