COTI is in an symmetrical triangle

#COTI is in a very nice symmetrical triangle, I would enter now as we seem to have bounced off the bottom.
I also expect long term holders to enter now as the end of the Airdrop period nears.

Given that a lot of tokens will be locked for ~180 days, I fully expect the token to keep going up.

Because of the upcoming airdrop, I am not planning on exiting but I do have a few days to observe if we reach the SL.
If we do then I will sell and reconsider if I have time to re-enter, but I would be surprised if we did drop off.

Entry: Now (100%)
TP1: 0.1050 (50%)
TP2: 0.0879 (50%)
SL: 0.0716

Komentarz:

While we broke to the down side the SL was never hit and we moved back toward the upside.

For now, I would move my stop loss to my buy price and later move it 5% so I take profit regardless what happens.

Still a couple more days before most of the tokens are locked for +180 days so I can only imagine prices keep going up.

Komentarz:

TP of 0.0879 was very briefly reached earlier.
I expect the price to keep climbing as we approach the end of the locking season for the airdrop.

The question is, will the price hold after the 17th ...