CryptoGuru369

COTI/USDT - Bull Breakout to All Time Highs! (w/ Targets)

Long
BINANCE:COTIUSDT   COTI / TetherUS
Hello Future Millionaires!

Are you as ready for the weekend as I am! I'll be enveloping myself in the charts for fun! So much excitement and opportunities in the cryptosphere that I can't hardly sleep!

We are looking at COTI making new all time highs and it is printing a bull flag to catalyze this epic breakout!

This is the small bull flag within the larger bull flag . I will chart out the larger bull flag in another post. The larger bull flag will present and epic swing trade for massive potential gains!

The measured move for this bull flag breakout is around 0.056. Albeit I suspect some resistance there, COTI could very likely reach much higher targets, provided traditional markets continue their bullish run!

I'll post a link to the larger time frame technical analysis for a swing trade in the near future! Don't miss that TA, this one is small potatoes comparatively!

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Technical Analysis

-Printing bull flag on the 4H.
-Price being supported by the 4H 10SMA
-Price supported above yellow diagonal trend line
-4H uptrend (higher highs and higher lows)
-Smaller bull flag within a larger flag formation could lead to exponential gains!

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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: 0.05000
Entry Zone: 0.04915-0.05200

T1: 0.05125
T2: 0.05240
T3: 0.05350
T4: 0.05444
T5: 0.05600

Stop: 0.04820

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R:R: 4
Risk: 3.13%
Reward: 12.53%

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.
Comment:
T1: 0.05125 - Hit!!! (2.5% Gain)

Comment:
Follow us now for l33t TA on all the hottest cryptos!!!

T1: 0.05125 - HIT!!! (2.5% Gain)
T2: 0.05240 - HIT!!! (4.8% Gain)
T3: 0.05350 - HIT!!! (7.0% Gain)
T4: 0.05444 - HIT!!! (8.88% Gain)

Let's get this crypto!
Comment:
T1: 0.05125 - HIT!!! (2.5% Gain)
T2: 0.05240 - HIT!!! (4.8% Gain)
T3: 0.05350 - HIT!!! (7.0% Gain)
T4: 0.05444 - HIT!!! (8.88% Gain)
T5: 0.05600 - HIT!!! (12.00% Gain)

All targets achieved!

Let's get this crypto!

General Inquiries: t.me/cryptoguru369

Twitter: twitter.com/CryptoGuru369
Disclaimer

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