Prix de COTICOTI

COTI has exhibited strong bullish momentum after successfully breaking out of an ascending triangle pattern. This is a classic bullish continuation pattern that signals a potential rally when the price breaks through the upper horizontal resistance line. Let’s break this down step by step: 1. Ascending Triangle Breakout 🔹The ascending triangle forms when there is a series of higher lows (buyers stepping in) and a flat resistance level at the top (sellers holding their ground). 🔹In this case, the breakout above the resistance line occurred with strong volume, which is a key confirmation that the breakout is valid. 🔹After the breakout, the price is currently retesting the previous resistance. If this retest holds, it will now act as support, which is a very bullish sign. Why is the retest important? When price breaks out of a resistance, it often pulls back to “test” that level before continuing upward. This behavior confirms that the level has flipped from resistance to support, strengthening the bullish outlook. 2. Ichimoku Cloud Confirmation 🔹The Ichimoku Cloud is a multi-purpose indicator that helps gauge trend direction and momentum: 🔹The price trading above the cloud signals strong bullish momentum. 🔹The cloud itself often acts as dynamic support in an uptrend. With COTI above the cloud, the overall trend remains bullish, and the momentum is likely to continue higher. 3. 21-Day and 50-Day Moving Averages (MAs) 🔹Moving averages are essential for identifying trends and dynamic support/resistance: 🔹The 21-day MA (short-term) shows immediate bullish strength and can act as a dynamic support level for pullbacks. 🔹The 50-day MA (medium-term) confirms the broader bullish trend. 🔹If both MAs are sloping upward (as suggested here), they confirm that bulls are in control of the market. 4. Volume Confirmation 🔹Volume plays a crucial role in verifying a breakout. 🔹The strong volume during the breakout indicates that buyers are committed and there is real momentum behind this move. 🔹To sustain the bullish trend, it is essential to see volume continue to rise during upward movements and decline during pullbacks. 5. Key Expectations Moving Forward 🔹Based on the technical signals: 🔹Retest Confirmation: If the price holds above the retested resistance level (now support), it can trigger a significant upward move. 🔹Next Price Targets: Traders often look at previous swing highs or Fibonacci extension levels for potential price targets. 🔹Dynamic Supports: The 21-day MA and Ichimoku Cloud will likely act as supports during pullbacks, keeping the uptrend intact. $COTI

$COTI /USDT Analysis $COTI has successfully broken out of the ascending triangle pattern, accompanied by substantial volume, signaling a strong upward potential. The subsequent solid retest suggests that the breakout is legitimate and may lead to further price appreciation. The Ichimoku Cloud is currently showing strong bullish momentum, reinforcing the likelihood of continued upward movement. With the price action confirming the breakout and the technical indicators in alignment, COTI seems well-positioned for an upward trend. Watch for further confirmation as the price moves, and if it maintains above key levels, COTI could see significant gains in the near term.

$GALA - daily view:   Similar as $COTI , bulls will be back soon 🚀

$COTI as expected, the gap will be filled soon! 📈 I was right again, very strong asset against dips!  30% up from the low already! ✅  If you understand my lines, you know that 0.2100 - 0.2200$ is programmed! 🚀 (level by level) Congrats for those who managed to get the bottom! 

$COTI - Bullish setup 📈 0.200$ - 0.2100$ next 🎯