I am posting this based on a request from a follower. Though COTI had a perfect cup and handle formed, the market leverage explosion killed it (for now). Bullish energy continues, and while it does, I expect the asset to hit the above targets after some consolidation. I have also noted a stop loss on the chart as well. The chart has all of the information you need regarding this. The highest target was calculated by the cup and handle. This will take time top unfold, be patient.
@ktrinh042, LOL my secret is out now! Thanks so much! You are too generous!!!! Seriously!
ktrinh042
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Day 12 revisit this awesome TA. Did anyone buy the dip? If you do, you're up at least 70%, and please leave a tip for our great man @imnotgoodatall
mysticalwalrus
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@ktrinh042, I appreciate the thought, seriously!! No tip necessary! Just hope everyone is enjoying the TA.
TrinidADA
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Congratulations on passing your exam my friend...the sky is the limit. I've also sourced the books you recommended and should be ordering them when I can...you've also been spot on wrt to this chart lol....what are your thoughts considering it's now @ 0.44cents?
mysticalwalrus
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@TrinidADA, Hey sorry I just saw this. I can't wait to hear what you think of the books. Thank you!! I guess it is a little too late to answer your question. Sorry about that, if I miss a comment like that, feel to too DM me. So, when I create targets with a stop loss, you hold the position until all targets are hit or the stop loss is hit.
TrinidADA
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@imnotgoodatall, thanks for the response.....and as they say better late than never lol..any further idea on coti do I believe it may go back to .30 or lower?
mysticalwalrus
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@TrinidADA, Yes, this was a personal short term trade I mentioned in the comments. I have no intentions of staying in the asset. I just recognized the pattern and made the chart with my profit targets and stop loss of where I am entering and exiting. I don't really make charts for my personal trades, so this one is a rarity as of now because you asked me to chart it. Maybe I will in the future.
ktrinh042
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2nd target hit perfectly
mysticalwalrus
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@ktrinh042, Thank you! I could have been a bit more accurate, but I was trying to put it out quickly! I think everyone gets the general point though!