As we can see in the chart, price is holding quite nicely above white MA which is very good sign. If the price breaks up the orange MA, then there is a high probability that red MA (200) on daily can be our target.
BTC must stay without deeper drop. This is quite risky so have SL placed.
MANAGE YOUR RISK
The asset has now arrived at a great Load-Zone and has the potential for a massive swing over its major resistance labeled as R1. The recent volume on the load-zone is also indicating a breakout is on the way in case the R1 is violated,
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
COTI rejected a strong support zone and round number 1.0 so we will be "looking" for buy setups on lower timeframes.
on DAILY: COTI is forming an inverse head and shoulders but it is not ready to go yet.
For the bulls to take over , we need the right shoulder to form and...
It is risky, but looks tasty. If Bitcoin find some momentum before weekly close, I can see this trade hit the target. COTI looks quite strong. When DJED? Vasil-hard fork Sep 22, potential upside here!?
Hello dear Traders,
Here is my idea for #COTI
Daily close above the yellow trigger line (previous month high) to enter trade.
We try to anticipate a 2-2 bullish reversal in the weekly chart
Targets marked in the chart (black lines)
Invalidation level marked with red line
Please feel free to ask any question in comments. I will try to answer all! Thank you
SL: (if any 4hr Candle Close below 0.88)
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Risky little scalp with BTC & ETH both showing weak hands. COTIS has bounced solidly from support. Tight targets to see if we can catch a couple of percent and a stretch target incase it manages to break overhead resistance. A partnership with WingRiders was just announced, not entirely sure whether that will move the needle but a potential demand driver to back...
COTI is been trending higher and hits our the strong resistance level of $0.113 - $0.115. Price facing strong sell-pressure as price is ranging below the zone since a week now. If #BTC dip by a bit then#COTI will reject hard from here. Alternatively, we'll look for buys once price flip above it.
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