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COTI / TetherUS

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COTIUSDT trade ideas

COTI/USDT upward momentum from demand? 👀🚀COTI analysis💎 Paradisers! We are currently witnessing #COTIUSDT showing a high probability of bullish continuation from the demand zone. 💎 After closely monitoring the price action, we've seen OTC:COTI break above its descending resistance. It's now positioned for a bullish continuation from the demand zone at $0.9994. Interestingly, this demand level has been respected twice before, and we anticipate that it will be honored once again. If the momentum sustains at this level, we expect a strong bullish wave aiming for the resistance levels mentioned above. 💎 Another point to consider is the diminishing intensity of the rejections at this demand level, indicating a potential weakening. Should this level break, we're prepared to capitalize on a bullish rebound from the lower bullish Order Block at $0.06420. The substantial liquidity at this level suggests that #COTI could experience a robust bullish rebound. However, a break below this OB level could lead to a significant downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
📈🚀 COTI Trade Plan! 🚀📈📊 Analysis: Squeeze Formation: COTI is currently experiencing a tight squeeze between the bottom support and a descending resistance line, indicating potential for a breakout. Entry Signal: Look for a breakout above the descending resistance line, estimated at around $0.14, as a signal to enter a trade. Profit Targets: Target profit zones at $0.17 to $0.19 or the next resistance area between $0.21 to $0.23. Risk Management: Set a stop-loss order just below $0.12 to manage potential downside risk. 📈 Trading Strategy: Entry: Initiate a long position upon confirmation of a breakout above the descending resistance line, aiming for a sustainable move. Targets: Take profits at predetermined resistance levels of $0.17 to $0.19 or $0.21 to $0.23. Risk Control: Implement a stop-loss strategy to protect against adverse price movements and minimize potential losses. 🚨 Note: Stay vigilant for the breakout signal and ensure to manage risk effectively throughout the trade! #COTI #TradingPlan #CryptoAnalysis 🌟📊
Long
by Richtv_official
COTI ANALYSIS (1D)After the bearish diametric, the price has entered a bullish pattern. This bullish pattern can have 3 or more waves. Now it looks like the price is inside the B/X wave. On the green range, which is the best demand for completing B/X, you can look for buy/long positions. Closing a daily candle below the invalidation level will violate the analysis. 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
Long
by behdark
COTI/USDT Shows a good sign for bouncing and back to upward!💎 The recent market dynamics surrounding #COTI have indeed been quite notable. Currently, COTI is positioned on the support area, and there are indications of bullish momentum with a rejection bullish candle. 💎 This suggests potential for a bounce from the support and a resumption of upward movement. There's a possibility that COTI will continue its upward trajectory, potentially reaching our target at the strong resistance area. 💎 However, if COTI fails to maintain the support or execute a successful bounce, it could signify a loss of momentum. In such a scenario, a breakdown below the support level may occur. If this happens, it would confirm a return to bearish sentiment and could lead to continued downward movement. 💎 Therefore, it's crucial to monitor COTI's behavior around the support area closely to assess whether the bullish momentum will be sustained or if a bearish trend reversal is imminent. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan