COTIUSDT.P trade ideas
COTI/USDT Short ideaNo doubt that with amount of news COTI has in the pipeline as well as massive support its going to explode this month. For now it is facing a solid retrace after a good run to .60 and it may still have some short term downside. Based on these 4 confirmations we could see a pullback to the .32 range. This would be a short term SHORT target as well as a good area to go long in coti. This idea is invalidated if upper resistance line is broken or if we get multiple 4hr candle closes above the neckline of rounded top
COTI Is Squeeze Between Yellow And Orange LineOrange line will endure, because bitcoin being so positive. But when yellow ascending line breakout happens, Coti will blown. 1st target is 0.6 dollars.
And now very good for buying more.
Idea on coti from beginner .This is my first idea as very new beginner so Don't trade on this chart and DYOR. any feedback would be appreciated .
With RSI getting very low and volume decreasing we could see nice upswing at anytime now ..
COTI still going strong and looking stableWhat will COTI bring in april? Any thoughts?
COTI touched $0.32 and re-gained back to $0.37 were its hanging now.
Hope to see a support on $0.44/$0.45 and then going for the upside!
We will see, this is not financial advise!
COTI/USDT BounceWe've been on a little bit of a downtrend the past few days with COTI.
We're currently forming lower highs, but higher lows, so we're not entirely in a proper downtrend yet.
Looking for a relatively quick trade with this one, hoping for a bounce on the recently created uptrend.
If we break out of the recent price action, I'll be keeping my trade active.
COTI about to explode? Here is afull disclosure on my analysis on COTI,
1. We have a perfect setup for completing a Bear butterfly towards the D point
2. You can see a clear bull flag which announce some serious corrective motive waves within the flag and parralel channel
3. Coti is respecting all fibonoacci sequences along the road withing this pattern.
Conclusion; IMO, Coti is about to rocket towards the previous high, then we expect some bear momentum towards low of the flag, and fueling up for the next leg up!
Coti still in primary range to go long! In previous post about COTI there was a possibility of Butterfly formation. However, Coti did breakout under the secondary uptrend, back into its main channel.
A new breakout of this channel gives still the oppertunity for COTI to explode.
We set our SL below the 100% of the jellow projections market in the chart.
We aim for TP, ( slightly lower RR ) towards the D point!
