Cycle Overview:
HWC: Ranging 🔁
MWC: Bearish 🔽
LWC: Bullish 🔼
🧠 Market Structure & Setup:
COTI has broken above its key daily trendline and is currently retesting that zone — a typical pullback setup. This break, combined with a bullish LWC and strong support on the COTI/BTD pair, offers a long-term opportunity, though the setup carries significant risk.
The COTI/BTD pair is still trending downward, but it's sitting right on a strong historical support, which could provide a good entry before a possible breakout of the daily resistance — a level that has seen four strong rejections in the past.
That gives us a clean invalidation and a solid risk-to-reward setup if the breakout follows through.
Another bullish signal: Volume has been decreasing during the recent pullback from the top, indicating a potential exhaustion of sellers — which strengthens the breakout scenario.
🔑 Key Levels:
🔸 Major Resistance: 0.07200 – a strong barrier; if price breaks and holds above this, momentum could accelerate.
🟢 I’m not closing the position yet — waiting to see if price reaches the daily high and breaks out.
🚫 No short position in play.
⚠️ This is a long-term and high-risk setup — not suitable for short-term traders.
⏳ Be aware: holding this trade may take time — patience is required.
💡 Strategy:
No trades while price is inside the current range. I'm waiting for price to reach the trendline.
If the reaction is weak, I’ll keep the position open, expecting a potential breakout due to multiple prior touches.
Traders seeking confirmation can wait for a clean breakout above 0.07200 or the daily high level.
✅ Summary:
Long-term setup with risk
Clear invalidation and logical entry
Volume behavior supports the idea
May require holding the position for an extended period — manage expectations
Not financial advice — for educational purposes only
📌 Got a specific coin in mind? Drop it in the comments and I’ll chart it for you.
⚠️ Without proper risk management, you're just a ticking time bomb.
HWC: Ranging 🔁
MWC: Bearish 🔽
LWC: Bullish 🔼
🧠 Market Structure & Setup:
COTI has broken above its key daily trendline and is currently retesting that zone — a typical pullback setup. This break, combined with a bullish LWC and strong support on the COTI/BTD pair, offers a long-term opportunity, though the setup carries significant risk.
The COTI/BTD pair is still trending downward, but it's sitting right on a strong historical support, which could provide a good entry before a possible breakout of the daily resistance — a level that has seen four strong rejections in the past.
That gives us a clean invalidation and a solid risk-to-reward setup if the breakout follows through.
Another bullish signal: Volume has been decreasing during the recent pullback from the top, indicating a potential exhaustion of sellers — which strengthens the breakout scenario.
🔑 Key Levels:
🔸 Major Resistance: 0.07200 – a strong barrier; if price breaks and holds above this, momentum could accelerate.
🟢 I’m not closing the position yet — waiting to see if price reaches the daily high and breaks out.
🚫 No short position in play.
⚠️ This is a long-term and high-risk setup — not suitable for short-term traders.
⏳ Be aware: holding this trade may take time — patience is required.
💡 Strategy:
No trades while price is inside the current range. I'm waiting for price to reach the trendline.
If the reaction is weak, I’ll keep the position open, expecting a potential breakout due to multiple prior touches.
Traders seeking confirmation can wait for a clean breakout above 0.07200 or the daily high level.
✅ Summary:
Long-term setup with risk
Clear invalidation and logical entry
Volume behavior supports the idea
May require holding the position for an extended period — manage expectations
Not financial advice — for educational purposes only
📌 Got a specific coin in mind? Drop it in the comments and I’ll chart it for you.
⚠️ Without proper risk management, you're just a ticking time bomb.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.