#COTI/USDT#COTI
Finally, we reached the upper limit of the downtrend channel
After a descending triangle since the beginning of the year
At the same time, we are close to breaching the 100 moving average
We have a large reversal pattern and it appears that the price is heading to break it
The price is expected to trade in an upward wave with price corrections
Current price 0.05300.
First target 0.08080.
Second goal 0.10670.
Third goal 0.13180.
With an oversold presence on the MACD
The Moving Average 100 breakout is close
Coticoin
COTI Coin is considered a security by the SECRecently, the U.S. Securities and Exchange Commission (SEC) classified COTI (COTI Coin) as a security. This means that COTI, the native cryptocurrency of the COTI network, is now subject to securities regulations and requirements imposed by the SEC.
The decision to categorize COTI as a security by the SEC signifies that it is considered an investment contract, representing ownership or participation in the COTI project or platform. Consequently, COTI will need to comply with applicable securities laws, which may include registration, reporting, and other regulatory obligations.
This classification by the SEC highlights the increasing attention and oversight of cryptocurrencies, particularly those that possess features resembling traditional securities. Companies and individuals involved in the cryptocurrency industry must remain informed about regulatory developments and ensure compliance with relevant laws to operate within the bounds of the law.
My price target for COTI is the next strong support, $0.038.
Looking forward to read your opinion about it!
COTI can hit 0.14xx area soon - risky tradeAs we can see in the chart, price is holding quite nicely above white MA which is very good sign. If the price breaks up the orange MA, then there is a high probability that red MA (200) on daily can be our target.
BTC must stay without deeper drop. This is quite risky so have SL placed.
MANAGE YOUR RISK
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 (COTI) Coin Analysis 13/04/2021Fundamentals:
COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money.
COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.
COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020.
It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast.
The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway.
The thing that makes COTI unique is COTI’s platform.
This platform enables companies to effortlessly create advanced fintech products and save time, data and money. COTI pay can process every kind of payment type, both in terms of online payments as well as offline ones. This includes crypto and stablecoins, as well as credit cards and even native coins. It has built-in financing to boot, with interest earned on deposits and loans. This also connects with the white label payment network.
Traditional payment systems simply cost both merchants and customers amounts up to billions of dollars on an annual basis. As such, the white label payment network is a global payment network for users and merchants that make transactions freely throughout a digital wallet, coin and much more.
COTI is also the world’s first platform that is optimized for the creation of coins that are stable in price. As such, a user has the ability to issue their own stable coin and regain full control over both their money and their data.
COTI has an infrastructure that is based on the DAG protocol and their Trustchain algorithm. Above this infrastructure layer lies the services layer known as Coti X. Coti X offers KYC and compliance, interoperability exchange, buyer-seller protections and stability frameworks. Then you have the COTIPLAY layer, which offers externally developed stable coins, externally developed payment apps and much more.
COTI uses a hash table as its data structure which is based on chaining. This means that the blockchain itself can secure the computing and privacy of customers. The COTI protocols have made the system a lot more secure for both buyers and sellers.
As such, COTI has an ecosystem that provides robust cybersecurity measures around data integrity as well as confidentiality.
The COTI wallet is based on the React Native Framework and provides cross-platform functionality and portability. The COTI wallet requires user credentials and is paired with 2FA login in order to establish a connection with the node manager. Once this is established, all communication requires the wallet’s seed. This means that all of the messages are validated and no spoofing or manipulation is possible within this system.
COTI was founded by Samuel Falkon and David Assaraf.
Samuel Falkon is the co-founder of COTI Group and works as the VP of business development at COTI Group. He is also the chief revenue officer at Paywize, as well as the founder of Gil Scott Ltd.
David Assaraf is the co-founder of COTI Group, and he also co-founded Frequants and was a member at the board of directors at an amusement park.
COTI (COTI) has a maximum supply of 2,000,000,000 COTI coins.
The live COTI price today is $0.351643 USD with a 24-hour trading volume of $45,532,864 USD. COTI is down 3.88% in the last 24 hours. The current CoinMarketCap ranking is #199, with a live market cap of $235,509,607 USD. It has a circulating supply of 669,740,238 COTI
The top exchanges for trading in COTI are currently Binance, VCC Exchange, Bidesk, HitBTC, and KuCoin.
Technical Analysis:
the Coin has done its Initialization and Accumulation Phase followed by an impulsive wave which can be used for the Projection of the UP move and Impulsive cycles.
currently the Price is at the Fibonacci Retracement Golden Zone which if Stand will Bounce the Price to ATH and 1 TP and if not there exist an other support area which can be counted on.
there are total of 4 Targets defined by Fibonacci Projection of the Initial Wave.
the 3 TP gets its Confirmation as the 2 TP gets Triggered followed by some price correction and distribution.
COTIBTC Pair, Head N ShouldersVery nice pattern to see on a young coin such as this
Shows that is has potential to mature further
If you would like to catch the right shoulder on this, I would recommend holding past this RS, no need to take profits to early. However this is just my opinion on the matter, profit is profit.
Coti - Next Unicorn? 🦄 I am blessed to have direct access to the guru of all crypto gurus, my friend 3v@ng3l.o$
(He is actually just a lovely friend with experience in the stock markets and a passion for new blockchain technologies)
Lat time we met, a few months ago, he asked me to look at Enjin coin . I snoozed😴 and missed out 😭🧅💧
Since then I had been waiting for him to give me the next 'Unicorn'. The next favorite between a million horses (coins) that has potential to fly.
'Take a look at Coti' he said...
By definition the first thing I did was to look at the chart.
I liked it, technically. Nice support at previous resistance, clearly a bullish momentum, promising stuff - chart exams passed.✔️
Then a Google search:
1. COTI is the first enterprise-grade fintech platform that empowers organizations to build their own payment solution and digitize any currency to save time and money. Sounds good, i like it✔️
2. Made in Israel. Ok, so the programmers eat humus, rest on Friday and work during my weekends. This test passed ✔️
3. COTI has released a Crypto Volatility Index enabling traders to profit by opening positions in anticipation of high fluctuations or provide liquidity.
Cool idea, give them another point✔️
4. Coti, Currency of the Internet ✔️ nice slogan, give another point.
ps, not investing any crazy money in it, Just putting it on my list for now.
You see, I don't really believe in Unicorns- I prefer to be after steady, controlled growth, things I undersatand and I know. I am what you would call an 'Early Follower' and I will keep it that way.
Coti-The beginning of ascending uptrend for the target of $ 0.33The first 5 uptrend has ended in the range of 0.098, and also its retracement has finished in the range of 0.02596 with the Diagonal pattern.
Currently, the price is in wave iii from point 3 / C, the end of this wave is price area of 0.33., however, it should be noted that, this price is the first target, we can expect a price increase up to 90 cents.
COTI is looking great with BTC pair too !COTI / BTC
Its chart is great with BTC pair too
–Holding trendsupport
–possible small breakout detected ..
My members bought it in 150-160 sats early and already hit TP1 and heading for TP2
for short term traders thats good but for long term i still believe it still has much room for growth
i did an analysis for this coin with USDT pair few days ago you can see here 👇
Its in profit in both pairs now
🚨 Not a signal to buy from current prices we just reading chart and moving our stops
Best wishes 🙏
COTI/USDT (wait for trendline breakout)COTI/USDT
C&H pattern spotted
Green zone strong support rebounced price multiple times (retested again in last drop)
Buy ONLY after breakout of trendline resistance or after successful retest (more safe entery)
stoploss will be candel closing below again
Best wishes
coti / btc bounce or die ?coti / Btc analysis
target at all time low at 184 sat
There around this area ..can be a small bounce expected
But still not a buy area until you see strength or consolidation there
If the bulls didnt defend this area.. marked sell off will happen so take care if you want buy