ALTCOINS THAT HAS ALREADY STARTED THEIR MAJOR MARKUP IN THEIR LONG-TERM!
#RSR CONTINUES TO CREATE SERIES OF HIGHER LOWS FOR THE UPCOMING RALLY IT WILL CREATE
The major resistances that once held RSR are now becoming one of its major supports. This signifies the possibility of the other tested major resistances to become weaker as the price continues to create series of higher lows. From the accumulation that happened, we were able to see the first run of the markup. Now, we will witness further continuation of a stronger bullish markup for long-term prospects of this altcoin. There are better opportunities in the crypto market just like this altcoin. It's up to how a trader takes his/her viewpoint of an altcoin to the next level.
CONTINUATION OF #COTI'S ATTEMPT TO BREAK RESISTANCE: OUR BEAUTIFUL 52.47% PLAY!
COTI continues to increase after rebounding from the support level of 0.07630. After we have observed this initial signs of rebounding, we enter a trade taking lesser risk and greater reward ratio. This resulted into a 52.47% profit with a risk-reward ratio of 4.29 which is considerably higher than normal RRRs that we have. The reason for taking this trade is the fact that this is the monthly low where most rebounds may happen. As well as this is the previously broken major resistance from last year. We follow different sets of checklist before we enter a trade in order to manage the risk strictly, enter at an optimal position and create trading decisions not based on emotions but on logical reasoning.
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.
