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COTIUSDT

Will #COTIUSDT Bounce Back? Critical Demand Zone Alert!Yello! Is #COTIUSDT poised for a bullish breakout? It's sitting on a crucial demand area, which could ignite a significant upward move. 📈 But before we get too excited, let's look at the key confirmations needed. 💎For a bullish market structure on the lower timeframes, we need to see an Internal Change of Character (I-CHoCH) and an Internal Break of Structure (I-BOS). Watch for these signals closely. 💎If #COTIUSDT forms an inverse head and shoulders or a "W" pattern, it could further boost the likelihood of a bullish move. Stay alert and monitor these formations. 💎This idea goes against the short-term trend, so proceed with caution and use a small quantity. If the price closes below the demand zone, our bullish hypothesis will be invalidated. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay disciplined and patient, Paradisers. This is the only way you will make it far in your crypto trading journey. Be a PRO. 💰 MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
🚀 Get Ready for COTI's Reversal💎 COTI is currently experiencing a pullback, suggesting a potential bounce from this level followed by a move towards new highs. 💎The Bullish Order Block (OB) along with the 200-day Exponential Moving Average (EMA) and supportive trendline form a strong level of interest for expecting a bounce. Confirmation of this bounce would ideally come in the form of bullish engulfing candlestick patterns. 💎However, in the event of a breakdown below this area, it may indicate a bearish move. In such a scenario, it would be prudent to refrain from taking immediate action and instead wait for better price action to form before making any decisions.
by MyCryptoParadise_Nathan
COTI/USDT time to short?COTI has been facing resistance of blue trendline, so if it rises to approx. 0.1787 then there will be multiple resistances + resistance of 50 EMA. Red rectangle is also a crucial resistance for COTI, so you can also short from around 0.1714 A shooting star candlestick pattern might form after 4H candle closing, so wait for 4Hour closing (I guess) (Although MACD has shown bullish crossover, still it will be profitable to short) ---SHORT ENTRY---> Entry Price - 0.1714 or 0.17100 Target Price - 0.1426 Stop Loss - around 0.1783 (Don't take trades based on this idea, even I don't trade according to my idea) (Do your own analysis) (NOT A financial advice) (High chances of loss if you follow my idea)
Short
by Aayush_Ganjawala