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COTIBTC

COTI/BTC (Testing Major Support Area)BINANCE: COTIBTC -The price is now testing major trendline of support -This area is a confluence of previous resistance, 0.618 Fib, and 100D MA -If Bitcoin stops dropping in the next few days -And COTI manages to hold above this important level -The chances we can see an upside correction is highly probable -The price can go up to 700 sat or higher -A bearish scenario closed below the green line will lead to further downside **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
by PolarHusk
11
COTI/BTC (Sitting at Key Support Area?)COTI/BTC -The price has dropped -34% from the High 548 sat -But it doesn't mean the uptrend is over -Currently, COTI is approaching key support area -The range 350-320 is a confluence of ascending trendline and previous support/resistance -If the 320-350 will hold for the next 7 days or so -Buyers will start looking for possible Swing Higher Low trade idea -There is huge upside potential provided no catalyst event will happen in the future -Reminder: Traders and Investors -Please use proper risk management -Do not go all-in
by PolarHusk
1
COTI Next Target Mapped (Short-Term Move | 60% Possible)COTIBTC is looking bullish... We will keep this one short. We have the next target with 60% of potential growth. As long as COTIBTC remains trading above the yellow space in the chart, we remain strongly bullish while aiming for 0.00000395. Above EMA10/50, we are strongly bullish on COTIBTC... This is the present scenario. EMA50 is marked by the bold magenta line on the chart. EMA10 is the green one. Both the MACD and RSI are looking good and support additional growth. Remember that charts can always change... So, build a plan before you trade. Thanks a lot for your support. Namaste.
by AlanSantana
2