COTIBTC trade ideas
COTIBTC is attempting to breakout a triangle 🦐COTIBTC is attempting to breakout a triangle after a rejection. the price formed a several higher low.
According to Plancton strategy, we can set a nice order
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
COTI/BTC (Retest Old Resist > New Support?)COTI/BTC
-the flat area of resistance has been broken
-and the price started pulling back for a potential retest
-COTI will try to flip old resistance to turning new support
-you can enter a buy position if buyers started re-entering
-the upside potential is the swing top at 450 sat
-stoploss is placed under green box support
COTIBTC Market Structure|Structural Resistance|21 MA| VolumeEvening Traders,
Today’s Analysis – COTIBTC – impulse move into structural resistance – multiple daily candle closes will reclaim the level.
Points to consider,
- Structural higher lows
- 21 MA Support
- Structural resistance (S/R flip)
- Oscillators neutral
- Volume influx (follow through)
- Daily resistance target
COTIBTC’s structure is putting in consecutive higher lows, now testing key structural resistance. Confirming multiple daily closes will reclaim the level and establish an S/R flip.
The 21 MA is a visual guide, breaking below will increase the probability of negating market structure.
The oscillators are both neutral trading above 50, this in an indication of immediate strength in the market.
A volume influx node is evident at key structure, follow through is needed, failure will lead to a probable false break.
The daily resistance is the immediate target for this long trade, risk is defined below structural resistance.
Overall, in my opinion, COTIBTC needs to close multiple daily candles above structural resistance to solidify an S/R flip. The immediate target is daily resistance; breaking below structure will negate this trade.
What are your thoughts?
Thank you for following my work!
And remember,
“Letting losses run is the most serious mistake made by most investors.” – William O’Neil
BTC MovmentThis was enough volatility for me to hit the "Sell All" button on my positions.
So all previous trades are closed. Going to let the market run for the day.
Current Watch-list:
INS
RLC
ARK
DREP
CTSI
ONT
AION
ICX
COTI
Lets see what bounces or rolls over....
Remember this week: Buy into strength and don't aim for bottoms or tops - higher highs are just fine in bull trends.
Tempted to just make a balanced portfolio of just DeFi since they seem to have all held up well so far compared to BTC.
COTI - Smashing it's head on resistanceCOTI can't seem to get through the 297-309 resistance.
Several attempts with solid volume on solid news (FA), but not strong enough or long enough to make Resistance into Support.
Once COTI does close above 310, Resistance should become support and it should return to next ATH level around 399-415 Level
Thoughts? love to hear them
COTI / BTC Strong Buy SignalBINANCE:COTIBTC is a promising project supported by crypto twitter.
DeFi products
Click payments
Debit card
iOS+ Android
Blockchain Dollars/FIAT and stable coins
MultiDAG /issuance of tokens on top of a DAG
swap COTI MainNet to COTI ERC20 to COTI BEP2, from wallet
etc...
Let's how this project will work out, will be watching it, a nice entry point will be around horizontal line
Risk: 6
Reward: 8
Comment down below why do you think that Coti will continue to grow or its a short-term investment for you!
COTI/BTC 36% up from our entry still upward trend#COTI/BTC Profit Update:-
#COTI now trading at around 290 Satoshi.
And our entry was 215 Satoshi
And Re entry was 230 Satoshi.
So
From 1st entry = 36% Profit
From 2nd Entry= 27% Profit
Enjoy guys with Profit.
But still i am very Bullish in mid term.
But If you are Short term Investor then secure profit.
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Thank you.
Bull Blag on COTI after support line reversal.Hello Traders,
COTI is forming a bullish accumulation pattern after support line reversal. This pattern is called the Bull Flag.
The objective is on the next important resistance level, Be careful with fakeouts the market is doing a lot...
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