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COTI / TETHER Standard Futures

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COTIUSDT.PS trade ideas

COTI - Potential SHORT -15MIN/1HR - Binance for BINANCE:COTIUSDTTrade Status: ACTIVE Trader: Drizzzled (AUS) Trade Type: SHORT (RE-ENTRY/DCA ABOVE previous entry post) Entry 1: 0.1269 (entry 1 box options) -if missed focus on next entries. Don’t stress. Entry 2: 0.1423 “” Entry 3: 0.1621 “” Entry 4: 0.1745 “” Entry 5: 0.2107 “” Entry 6: Entry 7: Stop Loss: Entry 1: Fib resistance - 0.570 (entry 1 only) -5-10% move from your chosen entry 1 -slightly above/below entry/key resistance -1:1 or to own personal risk factor Entry 2: gann resistance 0.1504 “” Entry 3: Take Profit Targets: -0.1161 (50ema tp) -0.1086 (200ema tp) -0.1022 (800ema tp) - - Comments: -move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit. -emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too. -by all means you can long from the daily open to these higher target ‘short’ entries. -you don’t have to enter at ‘entry 1’ if you would rather enter higher. -level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.
Short
by Drizzzled