COTI.BTC (Y20.P4.E1).Stalking.Macro structure TA

Updated

Hi All,

Keeping this short as there are many to reviewed:

Came across this which showed simplicity.
This is another one of those I believe is clearer in terms of the RSI\MACD perspective;
The formation on the chart and RSI makes sense with a double bottom likelihood;
Note the fib. level.

For now, its just planning and if it comes to this script, a good opportunity;

Note: Like Storj prior to this post, those with low liquidity, I place small orders with potential good gains.

Regards,
S.SAri

COTI with USDT

Note

Looking at it in a different way...RSI helps

Note

As I thought, BTC dominance has hit resistance, pulling back for the ALTs to move for the short term for now. and then another potential BTC bounce or sideways motion.
Looking for a bottom formation in the lower timer frames or a big bullish candle at the higher time frames.

Trade closed: target reached

Retraced deeper, I did not enter, overlooked. I would look for a bottom formation before entering, i once missed the entry.

ssari

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Related publications

STORJ.BTC (Y20.P4.E1).TA on the Macro structure

by ssari

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