COTIUSDT (COTI) : 10.DEC.2021 (HODL)Examining the #COTI , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) .
COTI Price Live Data
The live COTI price today is $0.329911 USD with a 24-hour trading volume of $38,689,732 USD. We update our COTI to USD price in real-time. COTI is down 0.09% in the last 24 hours. The current CoinMarketCap ranking is #181, with a live market cap of $286,584,785 USD. It has a circulating supply of 868,672,118 COTI coins and a max. supply of 2,000,000,000 COTI coins.
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👤 Arman Shaban : @ArmanShabanTrading
📅 10.DEC.2021
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Coti
COTI LONG BULLISH DIVERGENCE + PENNANT!Recently Coti made a new ATH and has been testing the range of its previous ath due to a bearish divergence formed, however all is in place for continuation.
Looking at the chart we can see a bullish divergence has sowly formed leaving room for more growth.
Coupled with the bullish pennant, a breakout will lead us to new All-time Highs.
Enter with a stop below support and target first resistance(Green). You could extend targets to its aths if you wish.
Coti ForecastHi,
Coti moving up after breakout strong resistance.
selling targets have been marked.
ROI is good
This idea is for educational purpose only.
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Good Luck :-)
COTI 1D Chart - 30%+ drop possibleCOTI on a 1D chart is looking like it is moving within an upward channel and we may be ready to see the price drop to get to the bottom of the channel. The price may have a 30%+ drop (assuming it gets to the 0.382 fib level) before moving upwards in the channel. Keep an eye on the RSI as well.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
COTI/BTC inverted H&SConfirmed Inverted Head and Shoulders, while target hasn't been reached yet, and COTI just got back down to the neckline (white) and strong support zone 990-880sats. I will be buying the touch of yellow uptrendline around 880sats. Target 1670sats. Invalidation 694sats. RRR 4
Check my previous COTI/BTC idea down below:
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
COTI 1D - Possible Big Move DownwardsHello friends, today I am completing a technical analysis on the 1D linear scale chart for Coti (COTI), a cryptocurrency altcoin.
In the chart I noted:
1) COTI price recently formed a Double Top and it broke down from the bottom of that trendline. The measured move of the Double Top Formation Pattern is going to bring the price to $0.25, which is a 38-40% price drop.
2) When reviewing the Fibonacci Retracement, that price drop level falls in the 0.618 zone, which is also a major support zone dating back to March 2021. This may be where the price bottoms out and starts to move back up.
3) I took the last three Double Top Formations and saw the price correct significantly. Assuming the price does drop down to the $0.25, that would be a 61% drop from the top of all time high price.
4) The RSI (relative strength index) has also not reached the oversold region yet as it has done in the past three Double Top Formations. I assume we will see the price go lower and completing a double or triple bottom before we see the price moving back up.
5) Interesting, the Volume has picked up over the past few months so there are buyers and sellers for COTI.
6) This idea would become invalidated if we move above the trendline at $0.44 for more than a 1D period.
Stay a bit cautious on this one as history doesn't generally repeat, but surely rhymes.
What are your opinions on this?
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
COTI. Room for upside?Chartwise COTI looks reasonable. Price is respecting the ascending supportline, despite the market correction yesterday. As long as RSI can stay up/above 50 it looks like price can move upwards pretty easy. Only thing that concerns me is the A/D divergence from price. This indicates COTI is (heavily) distributed which can indicate price is held down (artificially). As long as distribution remains elevated, i expect price to remain suppressed.