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COTIUSDT

Read the chart and say out loud: LONGBesides the interesting fundamentals, I am bullish on COTI for a number of signals from the charts. I apologize for the confusion in the drawings but that was necessary. The September drop caused a sell-off that, coincidentally with rising BTC.D, caused the price to fall down and eventually lose the ascending trendline in green (aka lower boundary of the rising channel) We gained back EMA200, then EMA100, and now trying to drive up the faster EMAs Price already reached 618fib from ATH to November lows, now printing HHs and HLs Daily close above $0.05 will be bullish, although we're facing a resistance zone at $0.0505-$0.057 which makes such entry riskier than usual: if you want to play it safer wait for breakout and retest of the same levels. If you're swing trading, SL could be set below the upper boundary of Ichimoku cloud or EMA100 Not financial advice. Best from Nips
Long
by Nipson
✳️COTI/USDT Analysis (14/12) #COTI $COTIAfter breaking out of the downtrend at 0.05$, now COTI is heading to 0.06$, if it conquers this zone, it will strongly increase to 0.09$ with Cup & Handle pattern from September until now. However, if COTI falls back and loses the 0.05$ zone, it becomes a false break and as a result COTI will fall back to 0.035$ or even 0.02$ 📈BUY -Buy: 0.0475-0.05$.SL if B -Buy: 0.057-0.06$ if A.SL if B 📉SELL -Sell: 0.057-0.06$ if B.SL if A -Sell: 0.0875-0.09$ if B.SL if A ♻️BACK-UP -Sell: 0.0475-0.05$ if B.SL if A -Buy: 0.035-0.0375$ if B.SL if A -Sell: 0.035-0.0375$ if B.SL if A -Buy: 0.02-0.022$ if B.SL if A ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
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