As the Mid-Autumn Festival approaches, the COAI digital asset market shows a remarkable trend. Currently, the trading price of COAI is stable around 1.59412, and the technical indicators show positive signs.
In terms of moving averages, the 7-day moving average has crossed above the 30-day moving average, forming a golden cross, which is typically seen as the beginning of an upward trend. At the same time, the candlestick chart shows that the price is steadily rising along the upper Bollinger Band, with bullish momentum dominating.
Looking at the recent trends, COAI has performed well since October 2nd, with the lows continuously rising, and it once reached a high of 1.69412. Notably, within the 4-hour timeframe, the trading volume has significantly increased, breaking through the previous consolidation range, indicating strong upward momentum.
From a technical analysis perspective, the current market may be at an ideal entry point. Investors might consider gradually building positions when there is a pullback to the support level, with an initial target set near the previous high of 1.69. If this level can be broken, the upside potential may further expand.
Multiple technical indicators show bullish signals, suggesting investors remain patient and hold for expected gains. However, please remember that the digital asset market carries high risks, and investment decisions should be made with caution, ensuring proper risk management.
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DaisyUnicorn
· 7h ago
This little golden cross pattern blooms really beautifully~
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AirdropBlackHole
· 7h ago
Waiting for To da moon! enter a position is winning
As the Mid-Autumn Festival approaches, the COAI digital asset market shows a remarkable trend. Currently, the trading price of COAI is stable around 1.59412, and the technical indicators show positive signs.
In terms of moving averages, the 7-day moving average has crossed above the 30-day moving average, forming a golden cross, which is typically seen as the beginning of an upward trend. At the same time, the candlestick chart shows that the price is steadily rising along the upper Bollinger Band, with bullish momentum dominating.
Looking at the recent trends, COAI has performed well since October 2nd, with the lows continuously rising, and it once reached a high of 1.69412. Notably, within the 4-hour timeframe, the trading volume has significantly increased, breaking through the previous consolidation range, indicating strong upward momentum.
From a technical analysis perspective, the current market may be at an ideal entry point. Investors might consider gradually building positions when there is a pullback to the support level, with an initial target set near the previous high of 1.69. If this level can be broken, the upside potential may further expand.
Multiple technical indicators show bullish signals, suggesting investors remain patient and hold for expected gains. However, please remember that the digital asset market carries high risks, and investment decisions should be made with caution, ensuring proper risk management.