Looking for a bounce on support here and a continuation of the long uptrend we've been on with COTI/USDT. I'll be picking up my position on the close of this candle as long as it holds the hammer formation on the 4 HR. If we bounce nicely here we should see a run to previous resistance which is around a 10-12% gain. If we can smash through that sell resistance then we should see a nice run upwards of 20%. I'm sure this trade will do well with the amount of bullish news incoming from COTI.
Trade active
Couldn't have bounced anymore perfectly if we knew about it. 15% within the span of a few hours, I'm 80% out now wit a small stack left in.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.