COTI SHORT SETUP
Hello, dear traders. how are you ? Today we have a setup to SELL/SHORT the COTI symbol.
For risk management, please don't forget stop loss and capital management
Cotishort
COTI SHORT ELLIOT WAVE COMPLETIONMarket just finished 1-5 Elliot wave, we forecast 5 point is at 0..3320 zone because market formed a high volume institutional candle which should indicate price reverse.
Entry: 0.3320
Invalidation: 0.3420
Target 1: 0.3000 (this is a safe target, last demand zone, but we might break out of a trend and see an ABC correction down)
Target 2 0.2600 (50% fib zone of the whole uptrend)
COTIUSDT 4-Hours analysisCOTIUSDT is in a long-term rising channel in higher timeframe.
In the 4 hours time it shows that it breaks the trendline, so it could go lower according to the chart in the direction.
its better to wait for pullback completion and then go Short.
Good luck.
COTI TO THE MOON?Hey guys, give me some revieuws in the comments!
I should appriciatteee itt alloottt if i can get rate 5 stars, if that happends i can give more trades/charts, even in the chat!
cya later!
#COTI
