Yello, Paradisers! Have you been following #COTIUSDT's recent moves? Let's dive in.
đź’Ž#COTI has successfully reclaimed its support level, signaling bullish momentum. Currently, the price sits on this support after a failed breakout attempt of the descending resistance. A rebound at this support level is crucial. If COTI breaks out of the descending resistance, we could see a significant upward move toward our target resistance area.
đź’ŽHowever, if COTI fails to bounce and breaks down from the support area, the price may revisit the demand zone. This zone has large buy orders, and a hit here could lead to a significant rebound back upwards.
đź’ŽIf COTI fails to sustain above the order block (OB) area of 0.65, a breakdown would invalidate the bullish outlook, potentially signaling a bearish trend with the price moving further downward and dipping.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
đź’Ž#COTI has successfully reclaimed its support level, signaling bullish momentum. Currently, the price sits on this support after a failed breakout attempt of the descending resistance. A rebound at this support level is crucial. If COTI breaks out of the descending resistance, we could see a significant upward move toward our target resistance area.
đź’ŽHowever, if COTI fails to bounce and breaks down from the support area, the price may revisit the demand zone. This zone has large buy orders, and a hit here could lead to a significant rebound back upwards.
đź’ŽIf COTI fails to sustain above the order block (OB) area of 0.65, a breakdown would invalidate the bullish outlook, potentially signaling a bearish trend with the price moving further downward and dipping.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
Want to trade like a PRO without the 15+ year learning curve?
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
đź«łSteal 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
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Want to trade like a PRO without the 15+ year learning curve?
đź«łSteal 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
đź«łSteal 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
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.