COTIUSDT trade ideas
COTI has a Chance to Be Bullish Right nowHello every one
COTI / USDT
🟡Chart is speaking it self!
🌳-COTI was in a Falling Wedge Pattern.
-The Break out has Happened Recently
-The Price Might be able to Increase From Here!
-In Long Term it can Reach the Top of the Falling wedge Pattern
-We can Expect 0.2550 & 0.3 for now
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Thank you for seeing idea .
Have a nice day and Good luck
$COTI.X/USDT - Long - Potential 27.91%$COTI.X/USDT - Long - Potential 27.91%
Exchanges: Huobi.pro, Binance, KuCoin
Signal Type: Regular (Long)
Entry Targets:
1) 0.2272
Take-Profit Targets:
1) 0.2365
2) 0.2689
3) 0.2896
Stop Targets:
1) 0.2135
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
COTIUSDT is testing the 4h support
The price had a breakout from the weekly support and created a double top on the daily timeframe.
On the 4h timeframe, the price is a breakout from the dynamic and static support.
How to approach?
If the price is going to confirm the breakout, we can apply our rules for a new short position.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
COTI up for some gainsCOTI has been consolidating after the last rally and it held the first support so far. Momentum is going for oversold territory.
I'm expecting COTI to pick up some volume and make a move towards the targets marked in the chart which is above 50%.
Stop would be placed around 0.40 to avoid the wicks in case big boy BTC makes a move which gives a RR > 2 for the first target and that makes this trade worth it. Position size should be minimal and may be increased if entering at a better price around 0.45
Good Luck!
COTI - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
COTI is overall bullish and now approaching the lower blue trendline so we will be looking for buy setups on lower timeframes.
on DAILY: COTI is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing.
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, COTI would be overall bearish can still trade lower inside the green support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich