COTI / TetherUS
Short

COTI/TetherUS Short

152
Entry price:0.4672
Stop loss: 0.4934
Take profit1: 0.3671

Take profit 2: 0.2884
Macd crossed below signal line few day ago. Indeed, the price started to go down, indicating a potential downtrend.
RSI shows a bearish divergence therefore we´re expecting further downtrend.

We should expect a confirmation of the downtrend. So we should wait for the price break out the support and then retest it as resistance.

no financial advice

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