COTIUSDTCOTI ~ 6D
#COTI So far it continues to maintain this support block. if you have Conviction on this coin,. This support block would be a very good buy for now.
Cotiusdtanalysis
COTIUSDTCOTI ~ 1D ✅
#COTI Managed to break this descending resistance with strong volume. and now faced with local resistance here. If retesting occurs,. This would be a good opportunity for short-term buying.
Is COTIUSDT About to Explode or Collapse? Read Now to Find Out!Yello, Paradisers! Have you been following #COTIUSDT's recent moves? Let's dive in.
💎#COTI has successfully reclaimed its support level, signaling bullish momentum. Currently, the price sits on this support after a failed breakout attempt of the descending resistance. A rebound at this support level is crucial. If COTI breaks out of the descending resistance, we could see a significant upward move toward our target resistance area.
💎However, if COTI fails to bounce and breaks down from the support area, the price may revisit the demand zone. This zone has large buy orders, and a hit here could lead to a significant rebound back upwards.
💎If COTI fails to sustain above the order block (OB) area of 0.65, a breakdown would invalidate the bullish outlook, potentially signaling a bearish trend with the price moving further downward and dipping.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
COTI/USDT Break Key Level, Bullish Momentum or false breakout? 💎 COTI has certainly piqued our interest. Having broken through a formidable resistance zone, COTI showcases potential bullish momentum, especially after spending 52 days in a sideways pattern within that range.
💎 Currently, COTI is in a retesting phase post its breakout from the strong resistance. A bounce in this region would pave the way for a continued upward trajectory.
💎 However, should COTI fail to maintain its position and close below the resistance zone, it might indicate a false breakout. In such a scenario, COTI could descend towards the nearby demand at $0.0415.
💎 A bounce at this point might lead to an upward retest of the resistance due to the false breakout, only to potentially decline again towards the demand at $0.039 or even approach the robust support zone.
COTI/USDT Analysis! LONG!COTI/USDT Has found a strong demand zone! expecting a breakout to the upside.
COTI left alot of liquidity above the current price, im buying!
