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COTI / TetherUS

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COTIUSDT trade ideas

Reversal PointHave a good trading week, folks🔥 There is an analysis update of COTI/USDT crypto pair. It seems like falling wedge formation. There was a strong bearish sentiment. According to Elliott Waves theory all the waves are done and now price is heading to the breakout. So follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
Long
by Berzerk_invest
1
COTI - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. COTI is sitting around strong daily demand in green so we will be looking for buy setups. on H4: COTI formed a valid channel in red but it is not ready to go yet. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Trigger => Waiting for a momentum candle close above the last swing high (in gray) to buy. We have two possible scenarios here, highlighted by the two projections in orange or purple. and the orange projection would result in a stronger setup. Meanwhile, until the buy is activated, COTI would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
20
Bullish ascending triangle for COTIAscending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming. COTI is showing a uptrend within this triangle. The EMA 55/100/200 are coming down. I expect that the EMA 21 will cross these EMA's, causing some nice moves to the upside! With all the upcoming events at the end of June, I expect a upwards movement upwards, breaking the restistance level as indicated. PT1: $0.50 (FIB 0.786) PT2: $0.60 (FIB 1.0) PT3: $0.87 (FIB 1.618) PT4: $1.32 (FIB 2.618) PT5: $1.77 (FIB 3.618) All targets are based on the Fibonacci levels from my previous idea.
Long
by DWK_96
1