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COTI / TetherUS

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COTIUSDT trade ideas

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.
by N0ST0PL0SS
🆓COTI (COTI) Sep-13 #COTI $COTIBuying power has returned to COTI and it can continue to rise strongly to the $0.38, $0.48 and $0.6 zones in the near term. But if it loses the $0.3 zone, it will fall sharply to the $0.24 and $0.2 zone 📈BUY 🔴Buy : 0.293-0.307$. SL if B 🔴Buy : 0.37-0.39$ if A. SL if B 📉SELL 🔴Sell : 0.37-0.39$. SL if A 🔴Sell : 0.47-0.49$. SL if A 🔴Sell : 0.585-0.615$. SL if A ♻️BACK-UP 🔵Sell : 0.293-0.307$ if B. SL if A 🔵Buy : 0.234-0.246$. SL if B 🔵Buy : 0.195-0.205$. SL if B ❓Details 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone
Long
by CryptoStation