💎 COTI has recently undergone significant market dynamics. After breaking out of a major descending channel, it is currently in the process of a retesting phase at the trendline, coinciding with the demand area that was previously the supply zone.
💎 If this retesting phase proves successful, indicated by a bounce in price, Probability we may witness a substantial upward movement toward our target strong resistance area.
💎 However, if during the retesting phase at the demand area, COTI fails to show a favorable response such as a bounce or bullish candle rejection, it could signify a false breakout.
💎 In such a scenario, COTI may revert into the descending channel, leading to a downward trajectory towards the support level, or potentially even lower.
💎 If this retesting phase proves successful, indicated by a bounce in price, Probability we may witness a substantial upward movement toward our target strong resistance area.
💎 However, if during the retesting phase at the demand area, COTI fails to show a favorable response such as a bounce or bullish candle rejection, it could signify a false breakout.
💎 In such a scenario, COTI may revert into the descending channel, leading to a downward trajectory towards the support level, or potentially even lower.
أغلقت الصفقة: تم الوصول للهدف
Bingo! #COTI is dancing to our tune, up 243.00% just like we predicted.
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.