$COTI/USDT 4h (Binance Futures)Falling broadening wedge breakout

Currency Of The Internet regained 50MA support and is pulling back towards it, expecting price to resume bullish here.

Current Price= 0.44730
Buy Entry= 0.44602 - 0.42442
Take Profit= 0.49733 | 0.57219 | 0.64880
Stop Loss= 0.38534

Risk/Reward= 1:1.25 | 1:2.75 | 1:4.28
Expected Profit= +28.54% | +62.94% | +98.14%
Possible Loss= -22.92%

Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 3.5 weeks

Website: coti.io/

Contracts:
#ERC20 0xDDB3422497E61e13543BeA06989C0789117555c5
#BEP20 0xadbaf88b39d37dc68775ed1541f1bf83a5a45feb
#BEP2 COTI-CBB

Trade geschlossen: Stop wurde erreicht:

SL hit with -22.92% (2x) and -1R

CurrencyOfTheInternet did not manage to bonce on 50MA and retraced down further.