COTIUSDT trade ideas
Enjoy a hot cup of COTI - 200% profit possibleEnjoy a hot cup of COTI - 200% profit possible
cup and handle formation over a period of time. 200% profit possible.
Follow Risk management. BTC may be volatile.
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COTI// Short-Term Trend BreakCurrent price shows a compelling breakout from the recent downtrend from the CB listing. After a slow grind of making higher lows COTI looks like it has some of the strength it's had over the previous weeks.
Its my opinion that this will be a decent entry zone for a longer term move. I usually enter trades like this on a retest of the broken zone - after I can easily understand the market structure, but
I was unable to find reliable FIB lines to agree with my TP biases, so maybe thats a clue to something Im missing. However, ill be entering this trade on a hunch and assess as time goes on whether or not I should stay in.
COTIUSDT, 4HCOTIUSDT, Corrected to top of the ichimoku cloud (4h) and breaked the trendline and rsi (4h) shows good, so according to the thechnical evidence, now its ready for statrting a new move.
Targets:
1) 0.44
2) 0.50
*Notice: bitcoin trend affects all altcoins, so manage your money.
SadraNafari.
coti, is it time now ?!🚀The coti downtrend is over, we saw a fake breakout, but now the level of 0.3479 with broken power (we have momentum)🐮
You can ride on the uptrend after confirming the failure of this zone
The targets are specified in the chart.
Buy zone :
0.3479~0.3581
Targets :
0.3865 (for risk free)
0.4768
Stop loss:
0.3123
Ali zahrawi - Good luck 🌹