ASSISTANCE OF $COTI IN BREAKING RESISTANCE CONTINUED: OUR BEAUTIFUL 52.47% PLAY!
Following a recovery from the 0.07630 support level, COTI is still rising. We enter a trade with a lower risk and a higher return ratio after seeing these early indications of recovery. With a risk-reward ratio of 4.29, this produced a 52.47% profit, which is significantly greater than our typical RRRs. This is the monthly low when most rebounds may occur, which is why this trade was made. This is in addition to the significant resistance that was previously broken last year. Before we join a trade, we adhere to certain checklists in order to strictly limit risk, enter at the best position, and make logical trading decisions rather than ones driven by emotion.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
