Coti
COTI : falling wedge and Resistances!Hi every one
COTI / TETHERUS
COTI/USDT is in a Falling wedge now! this pattern is bullish of Course but It's Gonna Decrease the Price for now (as long as the break out Does not happen.). there is a Good chance for Break out to happen and the Price should start to increase whenever It's gonna Happen.The First resistance is at 4$ and the second on is top of the wedge pattern which is around 5$!
summery:
-COTI is in a Falling wedge pattern.
-Whenever a Break out happens we can expect bullish Movements!
-Resistances are at 4 and 6 $.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
COTI - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
COTI is overall bullish so we will be looking for buy setups on lower timeframes.
on H4: COTI is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, COTI would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
COTI / USDT Might go into $10, Wave analysis.Coti aims to create a "finance on the blockchain" ecosystem to address traditional finance's problems, such as excessive fees, latency, and lack of global scale.
Coti accomplishes this by introducing a new sort of DAG-based blockchain architecture that uses the Proof of Trust consensus method.
The multiDAG structure of Coti allows independent DAG clusters to be combined into the larger Coti network. This enables businesses to use the Coti network to create their own tokens (such as stablecoins).
COTI's price appears to be bullish, as it is currently trading near the resistance of the (1)-wave, and we could see a significant rally for this company. This analysis should be correct if the Bitcoin price remains bullish, but things can change quickly. So be cautious and take a low-risk position.
COTIUSDT trade active entry after crossing the rangeCOTIUSDT trade has crossed range and enter in our predicted point to hit our first-initial target. So far prediction is running successfully. Trade first target will be $1.19 and second final target will be $3.5 level with growth 8X.
Dear traders, If you like my idea then support me with your comments and like button. If you want to know more about instrumental analysis of other Coins then just ping me.
COTI USD T - Bullish Continuation Second Target IncomingHello,
Our first target has been reached, we are expecting further growth in the next days, carefull at he end of the month, Futures Contracts Expiry date incoming, there we can ahave a small pullback.
Thank you for following.
Have a great day further,
This is not a trading advice,
St.Gex
PLAN: COTI - LONGHere is a long plan I have devised for Coti. I will long if we pullback to the pivot.
My first target lies at the .618 fibonacci retracement, and my second target lies at the 1.382 fibonacci extension. The 1.382 level has confluence with the 1.618 extension of the first wave of this move on the daily.
COTI - Next move up incomingI have a long term COTI chart vs USD for those interested. At the moment though, as BTC Dom is beginning to push up, I am charting against BTC primarily.
COTI looks like it is in the midst of completing an expanded flat correction before next wave up. Near term, I'm neutral as I'm not convinced this is bottom yet, retesting the previous high as well as the 0.618 area would seem quite possible still.
Longer term, the fundamentals of COTI are very strong, and I expect COTI will do very well down the road.
Coti analysis From NoobCoti seems to find its bottom and stoch seems a bit oversold. Momentum about to shift as ascending triangle form as a continuation pattern for coti to go higher.
Fundamentally, ADA partnership could really help coti price to continue going higher. First target would be 0.67, broke the upside trendline coti can go up to 1$.
This is only my personal view, feel free to challenge as i am still learning how to do a proper analysis.