COTIUSDT trade ideas
First chart ever - CotiFirst chart ever, so did this actually for corrections and suggestions.
Don't be mean and help a brother out :)
Seems that accumulation is over, volumes increase, break-out near.
Should have some small retracements till hitting past ath, but looks decent till end of April.
COTI\USDT BinanceLong set up for COTI, Daily bullish close would confirm the start for a bullish run. Also major break of pennant giving further confluence, ideal close above my next resistance point 0.390 to then shoot towards 0.520.
COTIUSDT Falling Wedge Breakout!COTIUSDT (4H Chart) Technical Analysis Update
Falling Wedge Breakout
COTI/USDT currently trading at $0.3825
Buy-level: $0.360 - $0.380
Stop loss: 0.296
Target 1: $0.421
Target 2: $0.446
Target 3: $0.515
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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cotiusdt XABCD plus breakout n moreXABCD stf going on started new impulse starting a new structure, broke out of downtrend just need a retest in area of trendline where wave 2 ends macd rsi and stoch's look good, if we close daily candle below the red downward trendline then i exit the trade. take profits at least some in between A and C (of the XABCD). or use fibs from A to D and target 0.50 0.618 0.786 even 0.382 but thats too early imo, EW is not my main thing at all but its a never hurts to look into what other traders will be lookng at
COTIUSDT Bullish Falling WedgeHello Guys,
Coti/USD is forming a bullish falling wedge which is near to the breakout at any moment.
Coti is a wonderful project collaborated with Cardano, Cardano is breaking out so coti will be following it soon.
Coti is also forming bullish hidden divergence at a 4h timeframe RSI.
respect the stop loss as analysis is self explanatory.
New scenarios for COTI ... KUCOIN TA ...In previous days, COTIUSDT has tested dip points, and especially 0.5 fib level from which it has strongly retraced and has formed a double bottom in the 4H frame (circled in red)...
Now COTIUSDT is on a triangle, if we break it from above, we will visit new higher priced areas (new ATH) with small little corrections in each level...
Else, if COTIUSDT breaks the triangle from below, we will go deeper and retest 0.5 fib level from which we will retrace for sure ..
COTI has strong fundamentals and the TA is still bullish, and IMO COTIUSDT is still highly undervalued and my long term prediction is still 7$ for COTI in the bull run..
THIS IS NOT A FINANCIAL ADVICE! DO YOUR OWN ANALYSIS!!!
