COTI MASSIVE Bull Flag Breakout to All time Highs!
Hello Future Millionaires!
How is this bull run treating you?
Follow us now for regular TA on the most bullish cryptos out there!
Have a wonderful day and best of luck on all your trades and investments!
Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates us to share more with the community!
Let's get this crypto!
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Technical Analysis
-We can see a massive bull flag on the weekly
-Printing an ascending triangle on the lower time frames
-Alt market is looking massively bullish
-Price action holding support on diagonal trend line
-All daily EMAs/MAs in a bullish posture
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Guide to My Charts
-The horizontal purple boxes of peace and prosperity are support/resistance 'zones'. If price pierces through one side, then it is likely to head toward the next support/resistance zone or line.
-The purple lines are support/resistance lines.
-Yellow lines are typically used to chart out pattern formations on the daily and higher time frames. Skinnier red lines may are typically smaller time frame trends (like 4H and 1H).
-The colored lines are MAs (Red: 10 simple, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Grey: 200EMA, White: 200SMA, Maroon: 377EMA.
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile (HVP), RSI, and/or stochastics indicators are below the chart if displayed.
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Entry: 0.05195
Entry Zone: 0.05000-0.05400
T1: 0.05400
T2: 0.05600
T3: 0.06000
T4: 0.06500
T5: 0.07000
T6: 0.07800
Stop: 0.04282
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R:R: 3.09
Risk: 16.23%
Reward: 50.14%
Risk Assessment: Medium
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Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only. It is imperative each individual conducts their own research prior to entering any trade or investment.
How is this bull run treating you?
Follow us now for regular TA on the most bullish cryptos out there!
Have a wonderful day and best of luck on all your trades and investments!
Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates us to share more with the community!
Let's get this crypto!
---
Technical Analysis
-We can see a massive bull flag on the weekly
-Printing an ascending triangle on the lower time frames
-Alt market is looking massively bullish
-Price action holding support on diagonal trend line
-All daily EMAs/MAs in a bullish posture
---
Guide to My Charts
-The horizontal purple boxes of peace and prosperity are support/resistance 'zones'. If price pierces through one side, then it is likely to head toward the next support/resistance zone or line.
-The purple lines are support/resistance lines.
-Yellow lines are typically used to chart out pattern formations on the daily and higher time frames. Skinnier red lines may are typically smaller time frame trends (like 4H and 1H).
-The colored lines are MAs (Red: 10 simple, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Grey: 200EMA, White: 200SMA, Maroon: 377EMA.
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile (HVP), RSI, and/or stochastics indicators are below the chart if displayed.
---
Entry: 0.05195
Entry Zone: 0.05000-0.05400
T1: 0.05400
T2: 0.05600
T3: 0.06000
T4: 0.06500
T5: 0.07000
T6: 0.07800
Stop: 0.04282
--
R:R: 3.09
Risk: 16.23%
Reward: 50.14%
Risk Assessment: Medium
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only. It is imperative each individual conducts their own research prior to entering any trade or investment.
Comment:
Enjoy the gains!!! This bull run is just getting started! Follow us now to stay up to date with all the hottest crypto technical analysis!
T1: 0.05400 - HIT!!! (3.95% Gain)
T2: 0.05600 - HIT!!! (7.8%% Gain)
T1: 0.05400 - HIT!!! (3.95% Gain)
T2: 0.05600 - HIT!!! (7.8%% Gain)
Related Ideas
I may move my stop to entry now in order to make this a risk-free, green trade! Alternatively, I may move my stop to entry (make the trade risk-free) after target 2 is achieved. If I am not able to keep a close eye on the chart, then I'll move my stop to entry asap!
Let's get this crypto!