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COTI / TetherUS PERPETUAL CONTRACT

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COTIUSDT.P trade ideas

COTIUSDT - potential set up for new upward trend. COTI currently finds itself in a falling triangle which you would assume would mean once broken a move to the downside, there is also evidence of bullish divergence which cannot be ignored. i would expect the descending triangle to play out and if the key resistance level marked in red will hold i would expect a push to a new all time high. Please let me know your thoughts, goof or bad in the comments below. happy trading peace GT
by Ginger_Tom
1
CRYPTO : COTIUSDT, Moon ??MOONUSDT, a very interesting set up. There's an inverted head and shoulder with a follow up falling wedge pattern at the neckline of the big pattern. Another interesting thing is the MACD on the way to be a bullish divergence (if cross up). IMO, the best set up is if the macd is golden cross and confrim the bullish divergence. But, what if the price breakdown? i think at level X can be the next support or if the correction is big, maybe it can be at level B. What do you think ? :d
Long
by AmarissaBedding