The price had a breakout from the weekly support and created a double top on the daily timeframe.
On the 4h timeframe, the price is a breakout from the dynamic and static support.
How to approach?
If the price is going to confirm the breakout, we can apply our rules for a new short position.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴...
This is why COTI will hit $0.8 sooner than you think. Coti coin price prediction using simple price action by Bitcoin Gorilla Box Strategy. When can COTI Moon?
COTI crypto token next shocking price move multi-timeframe analysis(No Indicators Allowed). Thanks for watching
COTI
WEEKLY Holy Grail Pattern Confirmed High Volatility incoming!
Technical Indicators
Support at 618 FIB Retracement weekly chart
Support at 618 FIB Retracement Daily chart
RSI: Bottomed out with bullish divergence
20 EMA Currently sat on it with Bollinger bands starting to narrow on the daily.
Bias
Bullish
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for COTI, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
COTIUSDT is testing the 4h resistance 🦐
If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for COTI, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
We are looking at going long at the 14 cent range if we get confirmation or risk falling to the next support zone of the 88% if confirmation fails.
Target 1 & 2 are around 650% and 1200% potential.
Thanks again for the support Maikel.
We are looking at retesting at least the 38% as support before entering with a possible retest of the 50% fib. However, if those strcutre do not hold we are like to drop to the next support zone indicated on the chart.
Welcome folks
I can say we are in the middle of the Uptrend. And there are no signals that it has finished yet.
Open this lesson, where you will learn 3 simple Examples of how you should trade crypto during a strong trend.
P.S. Below there so many useful links. Open all of them
