The COTI/USDT 3-day chart signals a bullish long-term outlook, forming a symmetrical triangle pattern, often a precursor to a breakout. EMA ribbons provide robust support, and the RSI at 48.55 shows neutral momentum, allowing room for upside movement. The Stochastic RSI at 15.14 indicates oversold conditions, supporting a potential rebound. A breakout above the resistance near $0.13 could target $3.36 in the longer time frame. The consolidation phase aligns with your bullish confidence in COTI's upward trajectory over time.
The BTC.D 8-hour chart indicates a bearish short-term outlook. A rising wedge pattern, combined with resistance near 59%, suggests a potential breakdown. The Stochastic RSI is overbought at 81.64, signaling weakening momentum. RSI at 67.63 aligns with bearish divergence, indicating a possible reversal. The EMA ribbon is supportive but may lose strength if dominance breaks below 57.5%. Volume profiles highlight strong interest near 57.5%, suggesting that a breakdown could lead to further downside. This aligns with COTI's bullish long-term narrative.
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The COTI/USDT liquidation heatmap indicates bearish short-term pressure, with liquidations clustering near $0.14. However, diminishing liquidation intensity below $0.12 suggests strong accumulation, aligning with your bullish long-term outlook for COTI.
Trade Details:
Entry: Around 0.08920 ( Join my Binance live for premium crypto signals )
1st Tp: 0.31545
2nd Tp: 1.20708
3rd Tp : 3.21248
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