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COTI / Bitcoin

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COTIBTC trade ideas

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!
Long
by cryptodonovan
6
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
Long
by AzizKhanZamani
8
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
by ssari
2
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 **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
by PolarHusk
11