๐ฅฅ CocosBCX - Dead project, good looking chart
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This coin has total market cap of only 34M, probably one of the smallest caps available on binance. I've checked their twitter, and all they do is they literally just keep retweeting some trash, their website is also dead as the last news was posted in April 2021. But who cares, we're here to trade the charts, right? ๐คฃ๐คฃ
The price broke out from the formation and is now back at the previous resistance area which currently should act as support (support/resistance flip). If the price fails to hold this level we can expect it to go back to the lower part of the formation which wouldn't come as a surprise because that's where both moving averages are.
Entry: buy in one of the buy areas (green boxes)
Long-term targets:
TP1: 0.95
TP2: 1.14
TP3: 1.40
TP4: 1.62
TP5: 1.87 (~150%)
TP6: OPEN++
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About COCOS-BCX:
Cocos-BCX is a public blockchain platform aiming to create a complete run-time environment for games with multi-game system compatibility, providing game developers a user-friendly platform for blockchain game development. In addition, Cocos-BCX aspires to bring users complete control and transparency over in-game virtual assets.It is building a development environment with gaming experience and game economics in mind. Game developers can easily migrate conventional games to the blockchain without the need to learn blockchain programming languages.
Source: binance
The price broke out from the formation and is now back at the previous resistance area which currently should act as support (support/resistance flip). If the price fails to hold this level we can expect it to go back to the lower part of the formation which wouldn't come as a surprise because that's where both moving averages are.
Entry: buy in one of the buy areas (green boxes)
Long-term targets:
TP1: 0.95
TP2: 1.14
TP3: 1.40
TP4: 1.62
TP5: 1.87 (~150%)
TP6: OPEN++
--------------------------------
About COCOS-BCX:
Cocos-BCX is a public blockchain platform aiming to create a complete run-time environment for games with multi-game system compatibility, providing game developers a user-friendly platform for blockchain game development. In addition, Cocos-BCX aspires to bring users complete control and transparency over in-game virtual assets.It is building a development environment with gaming experience and game economics in mind. Game developers can easily migrate conventional games to the blockchain without the need to learn blockchain programming languages.
Source: binance
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