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.
COTIBTC
COTI breaking outCOTIBTC is coming out of a huge and massive consolidation. It's about to make new highs vs BTC and it is definitely making some very significant higher closes. Actually vs BTC it is looking like something between a slow & steady uptrend, and a huge accumulation.
First target for a correction are its USD and BTC ATHs, but once it chops a bit around those levels and breaks out, it could easily double or triple from here slowly. Both vs USD and BTC it is looking very nice, clean and strong. Nothing in the chart is telling me things are frothy and more upside will eventually come despite what might happen to the rest of the market in case there is crash because of stocks going down.
I truly felt that I had mentioned COTI on Tradingview, but it appears I only did so on twitter or with people I chat with... Really had thought I shared a lot on it especially after the listing on Coinbase and Huobi, which in my opinion are definitely two major catalysts Coti needed to moon. It's fundamentals overall are decent and could keep improving, which is another reason why I like it.
COTIUSDT BUY ZONE NOW?COTI seems like an increasingly recognized coin, with it only having a current low market-cap of 300M. COTI has presented it self as a Proof of work and relies on a new form of trust-chain algorithm which the smart contracts be based on. Smart contracts have not yet be released, increasing volume and a small market cap makes this a buy in my opinion.
O and this coin literally screams democracy, so who the hell wouldn't wanna buy into that right ;)
COTI optimistically to reach 1$ met with heavy resistance if 0.5$ broken.
COTIUSDT Technical Analysis
⏳ Spot
💎 COTIUSDT has formed a Flag pattern on H12. After 3 rejections from the bottom line of the flag or support, it's expected to go up to the resistance and then break above the resistance
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.3000
☕️ TP1 0.3500
🍺 TP2 0.3700
🍻 TP3 0.4000
🍾 TP4 0.4500
🍷 TP5 0.5000
🍸 TP6 0.5500
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.2330
Good Luck 🎲
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COTIUSDT Technical Analysis
⏳ Spot
💎 COTIUSDT is right at the supportline and the bottom line of the triangle. There is a rejection at the moment at this level. It can go lower to the Pullback zone before it goes up.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.3000
☕️ TP1 0.3500
🍺 TP2 0.3700
🍻 TP3 0.4000
🍾 TP4 0.4300
🍷 TP5 0.4450
🍸 TP6 0.5000
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.2655
Good Luck 🎲
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COTIUSDT Technical Analysis
⏳ Spot
💎 COTIUSDT has formed a Bullish Flag. it has broken above the Flag and a resistance. It is expected to go to the last high of the recent green candle.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.3269
☕️ TP1 0.3820
🍺 TP2 0.4000
🍻 TP3 0.4200
🍾 TP4 0.4450
🍷 TP5 0.4800
🍸 TP6 —————
🍹 TP7 —————
🎁 TP8 —————
🚫 SL 0.2655
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
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Have a Profitable Day
COTI + 550%, 1:10 R:R, Looking BullishI've been hearing about COTI for a fair while now but my focus has been elsewhere. Now that I take a closer look, I wish I had paid attention sooner! If you are bullish on the Cardano ecosystem, this might be one to look into as they seem to have some close ties to ADA. COTI has had an amazing run since the COVID lows achieving a 20x but it looks like there could still be some gas left in the tank.
Key points:
Appears to be in the 3rd wave of the Elliott count
Large drawdown of 51% to invalidation so position sizing is important
Upside to 3rd wave target is 550% giving an excellent Risk:Reward of 1:10
3rd wave target $1.34
4th wave entry $0.30
5th wave target $3.23
Invalidation at $0.098
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
COTI/BTC 90% Potential from here with Tight Stop Loss#COTI/BTC TA update:-
#COTI/BTC currently trading at 427 Satoshi
And 400 Satoshi level is very strong level and this is holding strong.
So I am buying some #COTI here.
Entry:- 410-430 Satoshi
Targets:- 527/667/767 Satoshi
SL:- 398 Satoshi
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$COTI/BTC 1D (Binance Spot) Falling wedge breakoutCurrency Of The Internet has broken-out bullish and looks good for continuation, maybe after a 50MA retest!
Current Price= 0.00000740
Buy Entry= 0.00000708 - 0.00000666
Take Profit= 0.00000910 | 0.00001212 | 0.00001681
Stop Loss= 0.00000538
Risk/Reward= 1:1.5 | 1:3.52 | 1:6.67
Expected Profit= +32.46% | +76.42% | +144.69%
Possible Loss= -21.69%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
COTI Big News Coming, Breakout will lead to new all-time highCOTI is forming a symmetric triangle and on the edge of a breakout. COTI is the same project as PayPal/Alipay but with blockchain power and minimum fee. There is a lot of developments and partnerships going on. The COTI team is working on the adoption of the COTI pay. COTI has very big news coming in second-quarter incldu\ing the mainnet launch, debit cards, and iOS app launch.
Buy Zone: $0.35 - $0.365
Target: $0.395 - $0.443 - $0.496 - $0.557 - $0.612 - $0.673 - $0.736 - $0.798 - $0.88 - $0.974
COTI Multiple Bullish PatternsCOTI's macro view is a combined cup and handle pattern and potential inverse head and shoulders. Short term view looks like a falling wedge.
ADAPay on Shelley mainnet was released and yet it currently retested a resistance. Conservative target is $0.60 by the end of Q2. COTI Bank account and card will be released this quarter. DYOR and goodluck!