COTI / Bitcoin
Long
Updated

$COTI/BTC 4h (Binance Spot) Descending channel on support

13
Coti is starting to look bottomed here, let's fill a bag in the zone!

Current Price= 0.00000145
Buy Entry= 0.00000143 - 0.00000133
Take Profit= 0.00000170 | 0.00000196 | 0.00000216
Stop Loss= 0.00000118

Risk/Reward= 1:1.6 | 1:2.9 | 1:3.9
Expected Profit= +23.19% | +42.03% | +56.52%
Possible Loss= -14.49%

Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 360h
Trade active
First entry filled

Coti is taking its time but it will probably make it soon!

snapshot
Trade closed: target reached
TP3 was reached with +56.52% (1x) and 3.9R (two days ago + again recently)

Coti broke-out of that channel and made it perfectly to last target.
Trade is totally closed now, I'll keep an eye on a possible pullback to entry or near!

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.