Get started

COTIUSDT

COTI in a TIGHT ZONE between MONTHLY & WEEKLY levels.Weekly Resistance has been broken, And COTI tested the Monthly Level retracing back to test the weekly level. 90 percent of the time when a level is broken whether support or resistance it is tested on its pull back and most of the times it is rejected. Here, a new support has been made for COTI, but at the same time we have tested the monthly level as well. But as i said before, the weekly resistance which was broken has become a support now and has been rejected is going to test monthly level again. We may see some consolidation as the zone between two Levels is quite narrow. But, the candles are respecting the trend lines, so COTI is going for a monthly level test again, if it breaks the monthly, we may be in a bullish move. You guys can long from 320 to 370 zone, but with a tight stoploss as COTI is in consolidation. Wait for either of the levels to break. Thanks and trade safe.
by SmartMaxi
COTIUSDTCOTIUSDT, the trend has been increasing through the horizontal (resistance) line that means the future is bright. possible scenarios; 1. It will continue to increase and break the resistance line above with an open-close candle, it is time to buy. 2. It might start to decrease, and pull back the support line with an open-close candle, it is time to buy. -Robo has already given the BUY signal at 0.026 on July 7, 2020. (( I already decided to get some just before publishing this analysis :) ))
by Kateder
1
COTI/USDTWatch COTI/USDT for potential Daily breakout. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts