🆓Cover Protocol/BUSD Analysis (13/3) #COVER $COVER500$ zone showed us it is its very strong support that we can trust in and it could be the dip of the recent decline.
It is heading to 800$ zone, if it can conquer this zone, it will move up to 1300$ easily, so at the moment COVER is very promising
📅EVENTS
No News
📈BUY
-Buy: 480-520$. SL if B
-Buy: 780-820$ if A. SL if B
📉SELL
-Sell: 780-820$. SL if A
-Sell: 1270-1330$. SL if A
♻️BACK-UP
-Buy: 380-420$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Coverprotocol
COVER busd - Significant growth We see significant growth of the Cover token on the 1hour chart.
Expect to see COVER grow even more as this defi protocol project is recognised in the market even more.
COVER Huge PotentialHi guys,
This is my first post here.
Cover Looks primed for huge upward potential.
Technical:
MFI: 27.5
RSI: Below 50
Downward Trend Broken
Price Targets:
Entry: Below $600
Target 1: $ 815
Target 2: $ 1227
Target 3: $ 1553
Stop Loss: $440
Fundamental
Defi Insurance (Any Defi project under ETH, DOT, BSC chains can be added)
Cover soon to enable staking. Which will reduce the Circ. Supply once staking goes live.
Despite 2 times hacked, still growing strong.
YFI Connection
YFI Vault to be insured with Cover
Andre - Sam - SOL - YFI - Cover.
COVER-BUSD - Breakout ?Cover Protocol is getting ready for another breakout.
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