Coti
COTI going to $0.30 or $0.70??COTI coming to a decision point pretty soon. If my pattern of Descending triangle is correct it will be going to either $0.30 or $0.70. The Descending Triangle is normally a bearish pattern, however I believe it has been consolidating and will break out upwards to new ATH. It is holding that bottom support very well and for quite a while now. Currently at a great buy opportunity for a tight stop loss in case it does break downwards. If that happens I expect a pull back to about $0.30 area where it sat for a good amount of time before breaking up.
COTI SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the COTI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COTI | Descending Channel Formation..!!
#COTI is forming Descending Channel Pattern in Daily timeframe..
Seems like Bottomed out & Ready for Historical Breakout So Keep an eye on it.
In Case of Breakout, Expecting +160-180% Bullish Wave in Midterm.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
COTI can hit 0.14xx area soon - risky tradeAs we can see in the chart, price is holding quite nicely above white MA which is very good sign. If the price breaks up the orange MA, then there is a high probability that red MA (200) on daily can be our target.
BTC must stay without deeper drop. This is quite risky so have SL placed.
MANAGE YOUR RISK
COTI LONG TRADE 20221001Buy Valid Breakout
COTI, COTIUSD, COTIUSDT, COTIUSDTPERP, COTIBUSDPERP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Take a look at $COTI....KUCOIN:COTIUSDT - Broken through longstanding resistance (1st red circle) and retested same level as support...
Aim here is to open continuance long in same area (second red circle) and run through - switch to chasing stop at recent high...
Tight stops allow this to be a good R:R trade. Loses the close block EMAs (I 12,24, 32) and next support around 0.0957 for second entry.
Certainly worth consideration
COTI - Wait For It!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
COTI rejected a strong support zone and round number 1.0 so we will be "looking" for buy setups on lower timeframes.
on DAILY: COTI is forming an inverse head and shoulders but it is not ready to go yet.
For the bulls to take over , we need the right shoulder to form and then a momentum daily candle close above the gray neckline.
🎯Targets => Our first resistance / target would be around 0.25 so I will be monitoring price action there.
Meanwhile, until the buy is activated, COTI can still trade lower inside the support zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
COTI COIN Analysis
COTI is been trending higher and hits our the strong resistance level of $0.113 - $0.115. Price facing strong sell-pressure as price is ranging below the zone since a week now. If #BTC dip by a bit then#COTI will reject hard from here. Alternatively, we'll look for buys once price flip above it.
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$COTI #coti head and shoulders, trendline resistance: BEARISH?coti is quite in a bad situation at the moment
unless we see a big bullish breakout to the upside, I think this is going to dump for a few more days
the Head and Shoulder pattern is currently coming to its end, the price is losing its neckline, and we have a big resistance trendline which is pushing the price down each time it gets touched (this would be the EIGHTH touch)
these are the levels i would consider if my scenario plays out:
TP = 0.08
SL = 0.09
let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas