COTIUSDT trade ideas
COTI LONG - WEEKLY CLOSE OUTSIDE WEDGE I'm waiting for the moment when the big reversal to the upside coming. COTI has shown strength the last two weeks and are now about to break weekly trend. We could see a good DCA opportunity here if COTI close outside the wedge. On the other hand, a weekly close inside the wedge could mean that COTI drop to the floor of the wedge again.
COTI LONG TRADE 20221001Buy Valid Breakout
COTI, COTIUSD, COTIUSDT, COTIUSDTPERP, COTIBUSDPERP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Take a look at $COTI....KUCOIN:COTIUSDT - Broken through longstanding resistance (1st red circle) and retested same level as support...
Aim here is to open continuance long in same area (second red circle) and run through - switch to chasing stop at recent high...
Tight stops allow this to be a good R:R trade. Loses the close block EMAs (I 12,24, 32) and next support around 0.0957 for second entry.
Certainly worth consideration
#COTI weekly long ideaHello dear Traders,
Here is my idea for #COTI
Daily close above the yellow trigger line (previous month high) to enter trade.
We try to anticipate a 2-2 bullish reversal in the weekly chart
Targets marked in the chart (black lines)
Invalidation level marked with red line
Please feel free to ask any question in comments. I will try to answer all! Thank you
COTI/USDT - Long - Potential 13.99%Risky little scalp with BTC & ETH both showing weak hands. COTIS has bounced solidly from support. Tight targets to see if we can catch a couple of percent and a stretch target incase it manages to break overhead resistance. A partnership with WingRiders was just announced, not entirely sure whether that will move the needle but a potential demand driver to back the technicals.
Exchanges: Huobi.pro, KuCoin, Binance
Signal Type: Regular (Long)
Entry Targets:
1) 0.1106 - 100.0%
Take-Profit Targets:
1) 0.1128 - 33.333%
2) 0.1165 - 33.333%
3) 0.1259 - 33.333%
Stop Targets:
1) 0.1056 - 100.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
COTI - Wait For It!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
COTI rejected a strong support zone and round number 1.0 so we will be "looking" for buy setups on lower timeframes.
on DAILY: COTI is forming an inverse head and shoulders but it is not ready to go yet.
For the bulls to take over , we need the right shoulder to form and then a momentum daily candle close above the gray neckline.
🎯Targets => Our first resistance / target would be around 0.25 so I will be monitoring price action there.
Meanwhile, until the buy is activated, COTI can still trade lower inside the support zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich