Currency Of The Internet just got rejected on 200MA and could reverse here.
coti.io
coti.io
Trade active:
First entry filled
COTI started retracing down yesterday almost hitting TP1 then bounced back to supply zone. Let's be patient enough!
COTI started retracing down yesterday almost hitting TP1 then bounced back to supply zone. Let's be patient enough!
Trade active:
2nd and 3rd entries filled
CurrencyOfTheInternet regained 200MA but still being rejected on upper-line channel, let's stick to the plan here!
CurrencyOfTheInternet regained 200MA but still being rejected on upper-line channel, let's stick to the plan here!
Trade closed: stop reached:
SL hit with -14.46% (1x) and -1R
COTI broke-out bullish after all after being rejected a few times.
COTI broke-out bullish after all after being rejected a few times.
Trade closed: target reached:
TP1 would have been reached with +17.28% (1x)
CurrencyOfTheInternet retraced down after all, seems like it was a bull-trap / stop-hunt..
CurrencyOfTheInternet retraced down after all, seems like it was a bull-trap / stop-hunt..
Sell Entry= 0.28409 - 0.30145
Take Profit= 0.24217 | 0.21253 | 0.18288
Stop Loss= 0.33511
Risk/Reward= 1:1.2 | 1:1.9 | 1:2.6
Expected Profit= +17.28% | +27.41% | +37.54%
Possible Loss= -14.46%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 6 weeks