$COTI/USDT 4h (#BinanceFutures) Falling wedge near breakout
CurrencyOfTheInternet looks locally bottomed here, we expect it to bounce back on demand zone.
coti.io
Current Price= 0.31062
Buy Entry= 0.30470 - 0.29136
Take Profit=0.33985 | 0.38193 | 0.44443
Stop Loss= 0.26444
Risk/Reward= 1:1.25 | 1:2.5 | 1:4.36
Expected Profit= +28.06%% | +56.30% | +98.24%
Possible Loss= -22.54%
Fib. Retracement= 0.382 | 0.702 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
coti.io
Current Price= 0.31062
Buy Entry= 0.30470 - 0.29136
Take Profit=0.33985 | 0.38193 | 0.44443
Stop Loss= 0.26444
Risk/Reward= 1:1.25 | 1:2.5 | 1:4.36
Expected Profit= +28.06%% | +56.30% | +98.24%
Possible Loss= -22.54%
Fib. Retracement= 0.382 | 0.702 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Trade closed: target reached:
TP2 would have been reached with up to +70.62% (2x)
CurrencyOfTheInternet broke out of the wedge but we were too late for the patient entry, too sad.
CurrencyOfTheInternet broke out of the wedge but we were too late for the patient entry, too sad.
Trade active:
All entries filled
CurrencyOfTheInternet went down to demand zone after all, let's hope for a bounce!
CurrencyOfTheInternet went down to demand zone after all, let's hope for a bounce!
Trade closed: stop reached:
🛑$COTI/USDT 4h (#BinanceFutures) SL was hit with -22.54% (2x) and -1R
#CurrencyOfTheInternet did not bounce this time and continued the downtrend.
If you are still holding, you may have an opportunity to sell at Break-Even (BE) in the near future.
#COTI #COTIUSDT #DAG #Payment #DeFi #BSC #BC #Fantom coti.io @cotichannel @COTInetwork
#CurrencyOfTheInternet did not bounce this time and continued the downtrend.
If you are still holding, you may have an opportunity to sell at Break-Even (BE) in the near future.
#COTI #COTIUSDT #DAG #Payment #DeFi #BSC #BC #Fantom coti.io @cotichannel @COTInetwork
