TRADE OF THE DAY | COTI | Looking like an easy 8.2% ShortTRADE OF THE DAY | COTI | Looking like an easy 8.2% Short
| TARGETS ON THE CHART |
Not a crazy complex trade set up here a key rejection from the 20 Daily EMA along with a strong bearish divergence showing with a conservative target to the most recent strong support. Fortunately the Stop lines up nicely with the most recent swing high too for a 1:1 R:R.
Coti
COTI must hold $0.0694COTI is getting very close to the absolute bottom and it must bounce off $0.0694 (orange line).
If it does not then the next level is $0.0621 (red line)
We can see that COTI has been in a down trend for almost a month now, the MACRO has not been good for the market but COTI has been hit especially hard.
It has to bounce back.
So, in summary, if we break below $0.0694 then there is definitely more pain in the future.
If we manage to bounce off that level we should be able to reclaim $0.0800
Of course if we recover, the speed of the recovery will depend on the rest of the market, but if we break levels then we will dump fast.
COTIUSDT 4HBased on the 4H chart, COTI went for a test of its bullish channel and failed, went to the resistance area at 0.0925 and rejected it as well and returned to the support zone of the channel. Now heading towards resistance zone, breakout could reach 0.1107
Here are the supports and resistances:
Support 0.0770 / 0.0739
Resistances: 0.0839 / 0.0857
RSI: Seller
MACD: Positive
EMAS : Pointing downwards
COTI is a high-octane token, uses DAG (Directed Acyclic Graph) technology to process transactions on its network, which allows for faster confirmation times and greater scalability than most other blockchain-based cryptocurrencies. It also has a payment platform called "Paywize" that allows businesses and merchants to accept payments in COTI as well as other cryptocurrencies and fiat currencies.
COTI SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the COTI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COTI CAN FALLHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the COTI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COTIUSDT Long opportunityIn the weekly time frame, we have two lines of support and resistance, which the price has reacted to several times.
Now the price is close to the support line again and I think it can be a good place to buy. I personally wait to see if the price reacts to the support line or not
⚠️ Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
COTI LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the COTIsymbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SasanSeifi 💁♂️COTIUSDT /LONG VIEW 👉1D ⏭ 0.091/0.10 ⬆Hello everyone ✌ As you can see, in the daily time frame, after the growth of about 150% from the range of 0.052, the price faced a correction of about 50% from the range of 0.12. It is currently trading in the 0.080 range. According to the behavior of the candles in the long term, the scenario we can consider is that the price will grow up to the 0.091 range after collecting VOLUME and minor fluctuations.
The possible trend is indicated on the chart.
The important support area is 0.068.
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
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
COTI is gonna be bearish for sometimeCOTI has created a Descending triangle pattern and has already Done a break out and a pullback to the bottom line of the Triangle which means It's ready to Descend Further. The Support zone which we think the price will end up is visible on the chart.
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🌍Thank you for seeing idea .
Have a nice day and Good luck
COTI formed bullish Gartley for upto 76.50% pumpHi dear friends, hope you are well and welcome to another new trade setup of COTI coin with US Dollar pair.
On a daily time frame, COTI has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$COTI/#BTC [#Coti]: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $COTI / $BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000415 | 0.00000449 | 0.00000507, and the major support zones can be found at 0.00000357 | 0.00000333 | 0.00000275. Consider entering at the current price zone of 0.0000037 and targeting higher levels.
◰◲ General info :
▣ Name: Coti
▣ Rank: 265
▣ Category/Sector: Infrastructure - Application Development
▣ Overview: COTI is a fintech platform built on its own directed acyclic graph (DAG) based blockchain infrastructure with a Proof of Trust consensus algorithm and aims to become the base layer upon which future decentralized solutions are built.
COTI has a multiDAG structure that enables the combination of independent DAG clusters into the COTI network. The fintech platform supports cross-chain interoperability and enables enterprises to build their own payment networks and stable coins.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0000037 ₿
▣ 24HVol: 4.836 ₿
▣ 24H Chng: 1.093%
▣ 7-Days Chng: -4.75%
▣ 1-Month Chng: -18.31%
▣ 3-Months Chng: 14.20%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000415 | 0.00000449 | 0.00000507
◢ Support: 0.00000357 | 0.00000333 | 0.00000275
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : NEUTRAL
◲◰ Sharpe Ratios :
▣ Last 30D: -1.03
▣ Last 90D: 1.22
▣ Last 1-Y: -0.39
▣ Last 3-Y: 0.91
◲◰ Volatility :
▣ Last 30D: 0.99
▣ Last 90D: 0.92
▣ Last 1-Y: 1.06
▣ Last 3-Y: 1.54
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.82 - Very Bullish
▣ Reddit sentiment score is N/A
▣ In-depth COTIBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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COTI forming bullish BAT for upto 13.50% pumpHi dear friends, hope you are well and welcome to another new trade setup of COTI coin.
Previously after hitting the 1st sell target COTI moved down.
Now on a 4-hr time frame, COTI is about to complete the final leg of a bullish BAT move for another bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade