$COTI/USDT 12h (#BinanceFutures)Descending channel on resistance

2022年3月28日

Currency Of The Internet just got rejected on 200MA and could reverse here.
coti.io

2022年3月28日

註釋

Current Price= 0.27959
Sell Entry= 0.28409 - 0.30145
Take Profit= 0.24217 | 0.21253 | 0.18288
Stop Loss= 0.33511

Risk/Reward= 1:1.2 | 1:1.9 | 1:2.6
Expected Profit= +17.28% | +27.41% | +37.54%
Possible Loss= -14.46%

Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 6 weeks

2022年3月29日

交易進行

First entry filled

COTI started retracing down yesterday almost hitting TP1 then bounced back to supply zone. Let's be patient enough!

2022年4月5日

交易進行

2nd and 3rd entries filled

CurrencyOfTheInternet regained 200MA but still being rejected on upper-line channel, let's stick to the plan here!

2022年4月5日

交易結束：達到停損點

SL hit with -14.46% (1x) and -1R

COTI broke-out bullish after all after being rejected a few times.

2022年4月14日

交易結束：目標達成

TP1 would have been reached with +17.28% (1x)

CurrencyOfTheInternet retraced down after all, seems like it was a bull-trap / stop-hunt..