$COTI/USDT 4h (#BinanceFutures) Falling wedge near breakout

CurrencyOfTheInternet looks locally bottomed here, we expect it to bounce back on demand zone.

coti.io

Current Price= 0.31062
Buy Entry= 0.30470 - 0.29136
Take Profit=0.33985 | 0.38193 | 0.44443
Stop Loss= 0.26444

Risk/Reward= 1:1.25 | 1:2.5 | 1:4.36
Expected Profit= +28.06%% | +56.30% | +98.24%
Possible Loss= -22.54%

Fib. Retracement= 0.382 | 0.702 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 3 weeks

Trading ditutup: target tercapai:

TP2 would have been reached with up to +70.62% (2x)

CurrencyOfTheInternet broke out of the wedge but we were too late for the patient entry, too sad.

Trade aktif:

All entries filled

CurrencyOfTheInternet went down to demand zone after all, let's hope for a bounce!

Trading ditutup: stop tercapai:

🛑$COTI/USDT 4h (#BinanceFutures) SL was hit with -22.54% (2x) and -1R

#CurrencyOfTheInternet did not bounce this time and continued the downtrend.
If you are still holding, you may have an opportunity to sell at Break-Even (BE) in the near future.

#COTI #COTIUSDT #DAG #Payment #DeFi #BSC #BC #Fantom coti.io @cotichannel @COTInetwork