COTIUSDT trade ideas
Coti Buy Trade #Coti
Entry: 0.0831
Stoploss: 0.0735
TakeProfit: 0.1954 @ 135%
INSHA ALLAH
This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency Stocks Or Forex, including This Pair. Please conduct your own research and consult with a financial advisor before making any investment decisions.
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COTI is gonna be bearish for sometimeCOTI has created a Descending triangle pattern and has already Done a break out and a pullback to the bottom line of the Triangle which means It's ready to Descend Further. The Support zone which we think the price will end up is visible on the chart.
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🌍Thank you for seeing idea .
Have a nice day and Good luck
COTI LONG TERM BULLISH REVERSALHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
COTI FROM A LONG-TERM PERSPECTIVE!
As we can see price got stuck inside this big range market
However, price now is around a strong support zone , where we will be looking for a long-term bullish movement.
For the bulls to kick in from a long-term perspective we need a break above the upper bound of the range which is a major swing high
then we will be speculating bullish reversal and a further movement higher would be expected till the upper resistance zone
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
COTI formed bullish Gartley for upto 76.50% pumpHi dear friends, hope you are well and welcome to another new trade setup of COTI coin with US Dollar pair.
On a daily time frame, COTI has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
COTIUSDT is inside a descending channelThe technical analysis of the price chart shows that the pair is currently trading inside a descending channel. The descending channel is a bearish pattern that suggests a potential continuation of the current downtrend.
Moreover, the pair has recently lost the daily support at 0.095$, which could trigger selling pressure in the market. The loss of support may lead to a further price decrease towards the demand zone at the 0.07$ area. The demand zone is the area where buyers are expected to be active and could potentially stop the downward trend.
Traders are waiting for a breakout of the descending channel and a retest of the key level for a new long position. According to Plancton's rules, traders may consider entering a new long position once the breakout and retest occur. This means buying COTIUSDT with the expectation that the price will increase.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
COTI LONG TERM BULLISH REVERSALHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
COTI FROM A LONG-TERM PERSPECTIVE!
As we can see price got stuck inside this big range market
However, price now is around a strong support zone, where we will be looking for a long-term bullish movement.
For the bulls to kick in from a long-term perspective we need a break above the upper bound of the range which is a major swing high
then we will be speculating bullish reversal and a further movement higher would be expected till the upper resistance zone
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
COTI forming bullish BAT for upto 13.50% pumpHi dear friends, hope you are well and welcome to another new trade setup of COTI coin.
Previously after hitting the 1st sell target COTI moved down.
Now on a 4-hr time frame, COTI is about to complete the final leg of a bullish BAT move for another bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
COTI / USDT 1D CHART - Resistance and SupportHello everyone, I invite you to review the COTI chart on a one-day interval. As we can see, the price failed to break the ongoing downtrend channel.
Let's start by marking the price support spots and we see that we first have support at $0.098, but if the price goes lower then we have another support at $0.089, then at $0.08, then we have a strong support zone from $0.067 to $0.05.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently moving towards the $0.11 to $0.12 resistance zone. We continue to have a strong resistance at $0.15, once the price breaks it it will move towards the resistance at $0.20.
The CHOP index indicates that we have a lot of energy for the next move, the MACD indicates that we are on the verge of entering an uptrend, while the RSI, after the last recovery, returns to the upper part of the range.