#COTI/USDT#COTI
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.07800
Entry price 0.08236
First target 0.08376
Second target 0.08576
Third target 0.08878
Coti-usdt
#COTI/USDT Ready to go higher#COTI
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1150
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1225
First target 0.1304
Second target 0.1390
Third target 0.1483
#COTI/USDT#COTI
The price is moving in a bearish channel on a 4-hour frame and we have a support area in green at the 0.1700 level.
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the channel
The RSI indicator has a downtrend that is about to break higher
Entry price is 0.200
The first target is 0.2200
The second target is 0.2682
The third goal is 0.3338
COTIUSDT.1DBased on the provided market data, the COTI/USDT pair is currently trading at 0.088 USDT.
On the 4-hour chart, the Relative Strength Index (RSI) is at 59.60, indicating a near neutral market. The Moving Average Convergence Divergence (MACD) is positive at 0.0080, suggesting a bullish trend. The Bollinger Bands (BB) are at 0.10, indicating a moderate level of price volatility. In terms of support and resistance levels, the first, second, and third support levels are at 0.081, 0.065, and 0.057 respectively, while the resistance levels are at 0.096, 0.10, and 0.1154 respectively.
On the daily chart, the RSI is relatively high at 71.46, which indicates overbought conditions and potential for a price pullback. The MACD is also positive at 0.0060, suggesting a continued bullish trend. The BB is at 0.10, indicating a moderate level of price volatility. The support levels are at 0.066, 0.054, and 0.044, while the resistance levels are at 0.12, 0.13, and 0.15.
On the 7-day chart, the RSI is also high at 70.14, indicating overbought conditions. The MACD is positive at 0.0038, suggesting a bullish trend. The BB is at 0.11, indicating a moderate level of price volatility. The support levels are at 0.054, 0.035, and 0.025, while the resistance levels are at 0.11, 0.128, and 0.135.
In summary, the COTI/USDT pair appears to be in a bullish trend across different time frames. However, the high RSI on the daily and 7-day charts suggests that the pair may be overbought, which could lead to a price correction in the near term. Therefore, potential investors may want to wait for a better entry point. As always, it's important to consider other factors and conduct a comprehensive analysis before making any investment decisions.
COTIUSDT - potential set up for new upward trend. COTI currently finds itself in a falling triangle which you would assume would mean once broken a move to the downside, there is also evidence of bullish divergence which cannot be ignored. i would expect the descending triangle to play out and if the key resistance level marked in red will hold i would expect a push to a new all time high.
Please let me know your thoughts, goof or bad in the comments below.
happy trading
peace
GT
🔥 COTI Bullish Triangle FormingCOTI has been one of the biggest gainers of the last 10 days, seeing over 130% returns during that period.
At the moment, it seems that $0.665 is the top. That being said, the price is making higher lows at the same time, forming this bullish triangle.
Assuming BTC won't dump too much, I'm expecting COTI to follow this triangle pattern in the near future. Main target at $0.7, second target at $0.75.
Happy trading!
COTI / USDTCOTI / USDT: Technically, we are still in the downtrend here.
Coti just had some positive news, and looks like the project is developing pretty fast: with the debit cards, partnership with Cardano (ADA Pay) and so on.
However, after the previous massive move, correction is still in place.
We need to make sure we have really broken out of the trendline and the down trend is over.
Fundamentally, I think this project has good potential, medium market cap and nice partnerships on the horizon.
Happy trading everyone! And please, always dyor :)
🔥 COTI Symmetrical Triangle Break-OutOver the last 2 weeks COTI has seen some very decent gains. During this time, a symmetrical triangle has emerged as a pattern for us to trade.
Seeing that the FED has kept the interest rates the same, the crypto market is most likely in for another short term bullish push upward.
Happy trading!
COTIUSDTHello to you all. Mars Signals team wishes you high profits at all times.
While there are good news about this token by being listed on Binance futures, we expect the price to go higher and hit TP1 and higher prices in the coming days.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 COTI Rebound: Added To Binance FuturesLast night COTI announced that they will be added to Binance futures with leverage up to 25x. This trade expands on this fact.
First of all, there's the minor sell-off that happened last night. As of now, it seems that both BTC and the rest of the crypto's are rebounding and going back up. COTI seems like a proper candidate for strong gains since investors can finally make big short term bets by using leverage. Leverage increases the intensity of both bullish and bearish moves. Since the outlook is bullish, I'm expecting great things!
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.
Happy trading!
🔥 COTI Reversal From Channel ResistanceCOTI has been following this channel since it's inception on Binance late Feb'20. At the moment, COTI is seeing some consolidation around the top of the channel. With Bitcoin in peril, COTI is a prime candidate for a potential correction in the near future.
Before entering this trade wait for the price to close below the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing highs/lows. Do your own due diligence.
Happy trading!