Coti
COTI LONG TRADE 20221001Buy Valid Breakout
COTI, COTIUSD, COTIUSDT, COTIUSDTPERP, COTIBUSDPERP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Take a look at $COTI....KUCOIN:COTIUSDT - Broken through longstanding resistance (1st red circle) and retested same level as support...
Aim here is to open continuance long in same area (second red circle) and run through - switch to chasing stop at recent high...
Tight stops allow this to be a good R:R trade. Loses the close block EMAs (I 12,24, 32) and next support around 0.0957 for second entry.
Certainly worth consideration
COTI - Wait For It!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
COTI rejected a strong support zone and round number 1.0 so we will be "looking" for buy setups on lower timeframes.
on DAILY: COTI is forming an inverse head and shoulders but it is not ready to go yet.
For the bulls to take over , we need the right shoulder to form and then a momentum daily candle close above the gray neckline.
🎯Targets => Our first resistance / target would be around 0.25 so I will be monitoring price action there.
Meanwhile, until the buy is activated, COTI can still trade lower inside the support zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
COTI COIN Analysis
COTI is been trending higher and hits our the strong resistance level of $0.113 - $0.115. Price facing strong sell-pressure as price is ranging below the zone since a week now. If #BTC dip by a bit then#COTI will reject hard from here. Alternatively, we'll look for buys once price flip above it.
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$COTI #coti head and shoulders, trendline resistance: BEARISH?coti is quite in a bad situation at the moment
unless we see a big bullish breakout to the upside, I think this is going to dump for a few more days
the Head and Shoulder pattern is currently coming to its end, the price is losing its neckline, and we have a big resistance trendline which is pushing the price down each time it gets touched (this would be the EIGHTH touch)
these are the levels i would consider if my scenario plays out:
TP = 0.08
SL = 0.09
let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
#Coti / #USDT : Analysishello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day!.
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Notes related to this analysis :
-The downward trend of the price has been broken
- The price is in a strong support / demand zone
so It makes us have a safe buying position
COTI-USDTGreetings, a speculative coin. Which can give a good percentage of profit when the market rises.
A local uptrend, a resistance zone from which sells at $0.13. Potential entry points in case of breakdown and fixing above this zone or support on correction. Zones for taking profits 10% before the resistance zone. Zones for stop orders, based on your strategy as it is purely a matter of each, but one thing is certain, you should know when you finish the deal, which went not in your direction, sooner or later it will happen.
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Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
#COTI/USDT 6Hr UPDATE !!Welcome to this quick COTI/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- COTI is trading in an uptrend channel and respecting the support and resistance level. The support is $0.113 area and the major resistance is $0.129-$0.13 area. Try to grab some COTI near support level with tight stop loss.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...