COTIBTC trade ideas
Coti went end to end...COTI had 30 and 60 minute harmonic confluence and didn't disappoint. ran the range and has settled into a distribution cycle. sellers should look for an immediate re-entry after scaling out and looking back to July 20th where COTI was faced with same position and it jumped 65% in few days. with the project releasing their own defi governance token today shouldn't be a surprise for them to do it again.
COTI | Falling Wedge Breakout👀#COTI #COTIBTC (update)
In BTC Pair, Falling Wedge Formation & Bullish Divergence in 8h timeframe.
Bulls Need Some volume for Wedge Upside Breakout 📈
Expecting 40-50% Bullish movement in Midterm, so Keep Your Eyes on it 👀
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BULLISH COTI PREDICTION - LOCAL BOTTOM? I often see these bell curves play out in altcoins, and kick myself for not buying what looks like the local bottom of the bell. So this time I entered a position and set my Stop Loss below the pattern in case it breaks down. The PA has hit a significant support level, and the Stoch RSI is in oversold territory, which supports my idea that there could be a bounce here.
Granted, I do not have a lot more data to support this idea, and it kinda depends on BTC / BTC Dominance.
We shall see!
COTIBTC Channel Support|Declining Volume|Liquidity|Price Action Evening Traders,
Today’s analysis – COTIBTC - Price Action needs to form a bottoming structure to allow for swing longs.
Points to consider,
- Bearish Price Action
- Channel S/R Support
- Untapped Liquidity
- RSI Resistance
- Declining Volume
COTIBTC’s immediate price action is bearish by establishing consecutive lower highs, a reversal will be imminent when new local highs get established.
The Channel S/R is current support, breaking this level will increase the probability of testing untapped liquidity, a swing long zone.
The RSI has a clear dynamic resistance, breaking this at oversold conditions will coincide with an influx in price.
Volume is clearly declining; an increase is probable when testing key trade locations such as liquidity zones.
Overall, in my opinion, COTIBTC is a valid long when a bottoming structure comes to fruition. Price Action is to be used upon discretion/ management of trade.
Hope this analysis helps
Thank you for following my work!
And remember,
“Hope is bogus emotion that only costs you money.” – Jim Cramer
COTI READY TO RIDE UPWARD AGAIN.We may see COTI touching its all time high again because there is a lot of news for this coin and this coin is hugely undervalued.
one thing that's matter the most is BTC.D
TARGETS are available is charts above.
hope for best, and also remember me in your prayers.
saqibmirza
COTI.BTC (Y20.P4.E1).Stalking.Macro structure TAHi All,
Keeping this short as there are many to reviewed:
Came across this which showed simplicity.
This is another one of those I believe is clearer in terms of the RSI\MACD perspective;
The formation on the chart and RSI makes sense with a double bottom likelihood;
Note the fib. level.
For now, its just planning and if it comes to this script, a good opportunity;
Note: Like Storj prior to this post, those with low liquidity, I place small orders with potential good gains.
Regards,
S.SAri
COTI with USDT
Cipher pattern and divergence in MacdHello friends,
today I want to introduce a new strategy with the help of my teacher Bijan from the Atlas team. As you can see in the picture, the ascending cipher pattern is formed in the 4-hour time frame, and we enter the trade with the confirmation of the MacD indicator. Be profitable
COTI/BTC (Testing Major Support Area)BINANCE: COTIBTC
-The price is now testing major trendline of support
-This area is a confluence of previous resistance, 0.618 Fib, and 100D MA
-If Bitcoin stops dropping in the next few days
-And COTI manages to hold above this important level
-The chances we can see an upside correction is highly probable
-The price can go up to 700 sat or higher
-A bearish scenario closed below the green line will lead to further downside
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