Cook Protocol (COOKPROTOCOL)
1. Fundamental Analysis
1.1 Introduce
The Cook Protocol establishes a transparent and flexible asset management service market to meet the various needs of investors and asset management service providers. Investors can check the fund manager s allocation of funds at any time, without worrying about the safety of the fund and illegal operations. On the other hand, although the flow of funds is open and transparent on the Cook Agreement, fund managers do not need to open source the specific algorithms of their strategies to encourage innovation.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | COOKPROTOCOL | Market Cap | 252494.5108 |
| Name | Cook Protocol | White Paper | -- |
| Web Site | https://www.cook.finance | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000000000 | |
| Supply | 10000000000 | Release Date | 2021-03-31 |
| Available Supply | 1973230000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the K-line daily chart indicates a strong upward trend with several key observations:
- A notable increase in volume on December 25th, followed by a consolidation phase.
- The price has formed a higher high and higher low pattern, indicating a bullish trend.
- There is a strong support level at around 0.00014057, which has been tested multiple times.
- The RSI (Relative Strength Index) suggests that the asset is in an overbought state, which may indicate a potential pullback.
- The MACD (Moving Average Convergence Divergence) is showing a bullish crossover, indicating further upward momentum.
- The asset has a significant resistance level at around 0.00018027, which may be a challenge for the price to overcome.
- The overall trend is bullish, but caution is advised due to the overbought condition and potential resistance levels.
