COTI — Bullish EMA Crossover — 85% Win Rate — 30% Potential 🚀
Here's probably my favorite trade signal of the day.
→ $COTI flashed a bullish EMA crossover on the daily chart.
→ Based on 14 historical events, the signal has a win rate of almost 86%.
→ Most technical indicators look good. Especially in terms of momentum indicators, COTI looks promising (bullish MACD and neutral RSI and Oscillators).
→ Chart looks good too. The token made a higher high on the daily chart, is in an uptrend, and had a small pullback — usually a perfect entry.
→ Negative aspect: The ADX is weak. Therefore, it can make sense to wait for more strength.
If the market enters a bullish scenario and signal plays out, we could quickly see COTI challenge 0.175 - reflecting a ~30% potential.