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COTI / TetherUS

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COTIUSDT trade ideas

COTI - Daily - "Wait For Market To Relax"Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!! ________________________________________________________ ________________________________________________________ ////////////////////////////////////////////////////////////////// ///////👍✋Not financial advice, do your own due diligence ✋👍//////// ///////////////////////////////////////////////////////////////// ➡️Technical Standpoint⬅️ 1.) Rejected four times at the 2.618 FIB. A hold above this area would allow for the next leg up. 2.) Retested the LR a few times, but ultimately broke down below it due to widespread market volatility. Allow for at least a LR retest of 2-3 times to determine if the market sentiment has flipped bearish for this ticker. 3.) Ticker is currently in a gray area. ➡️Fundamental Standpoint⬅️ 1.) COTI runs heavy on news, but with regards to significance, their mainnet scheduled to occur in Q2 takes the spotlight. ➡️Current Season⬅️ - Altseason / 118 Days - Also a slight % increase on Bitcoin dominance. ////////////////////////////////// //////Indicator Legacy/Meaning////// ////////////////////////////////// ✨ Linear Regression Line( LR ): is the green/red worm-like line. ✨ TD Sequential (TDS): tradetrekker.wordpress.com ✨ Social Activity Indicator(SA): - Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal. - Lime background = spike in interest. - Yellow background = drop in interest. - Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation. ////////////////////////////////// ///🎉🎉🎉Before You Go🎉🎉🎉/// ////////////////////////////////// Leave a like👍 and/or comment💬. We appreciate and value everyone's feedback. ""Keeping it short and sweet as always."" - assetsandcoffee📈☕
by assetsandcoffee
COTIUSDT is testing the daily resistance 🦐COTIUSDT is testing the daily resistance after a nice breakout from descending channel . If the price will have a breakout from daily resistance and retest the resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
14