COTIUSD
#COTI/BTC 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick
COTI/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
The reason for trade:-COTI/BTC is a triangle pattern that creates and buy the green zone.
Entry:- 0.00000485,0.00000530
Target:- 200% to 230%
Stop loss:- 0.000000430
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of COTI in the next quarter?
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
COTIBTC looks great boooOMCOTIBTC 1d Chart Analysis
Still In Trendline Support
Freinds
Nothing to say about COTI just booM
MACD also Bullish Crossover &
Hidden RSI Bullish Divergence
Entry, SL & Target in chart
I hope guys you understand this analysis
Me & my team trying to best analysis for you freinds
~~Best of Luck~~
!! Thank You My Team !!
(Not Financial Advice)
COTI Analyze (Road Map)!!!🗺️First, I tried to find an exchange that has more data or candles for COTI. The KuCoin Exchange was one of the first exchanges that launched COTI (03 Jun 2019).
What is the COTI❗️❓
COTI stands for Currency of The Internet with the aim of creating a decentralized and scalable payment network to facilitate efficient global trade. COTI wants to create a new decentralized, high-reliability, cost-effective payment method by combining distributed ledger technology and traditional payment methods.
The COTI Network is designed to develop a new generation of online payments. The COTI network management team claims that the network's high adaptability to consumers and businesses speeds up transactions across different parts of the world. COTI network with a goal such as building trust and transparency, increasing decentralization and efficiency, reducing transaction costs, making it easier to sell products, and support for Fiat and digital currencies provides a platform that is the easiest and most consistent payment method in the industry.
COTI Analyze ( COTIUSDT ) Timeframe Weekly⏰ (Log Scale)
COTI has started its main Journey at 0.0052$. It was able to run in an Ascending Channel and passed its Impulse wave with Extended 3rd at 0.645$. For now, COTI is running in Main wave 4 and I tried to show the end of the Main wave 4 in my chart.
Where can be the end of Main wave 4❗️❓
🎯Target 1🎯: 0.23$ until 0.21$ on the bottom of the ascending channel (More possible).
🎯Target 2🎯: 0.13$ until 0.08$ (Heavy Support Zone + TRZ (Time Reversal Zone)).
When we can verify the end of Main wave 4, then we can talk about New ATH (All Time High).
🔴Resistance Zone🔴 & 🟢Support Zone🟢 that we have in front of COTI.
🔴Resistance zone on COTI's way:
🔴Resistance zone: Simple Moving Average (SMA) 50 + 100 + 200 at Daily Timeframe.
🔴Resistance zone: 0.48$ until 0.42$.
🔴Resistance zone: 0.76$ until 0.66 (Heavy Resistance zone).
🔴Resistance zone: 1.64$ until 1.32$.
🟢Support zone on COTI's way:
🟢Support zone: 0.3$ until 0.2$.
🟢Support zone: 0.13 until 0.08$ (Heavy Support zone).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
COTI 1D Wanted a price of $2.20, but it could be $0.23Today we will consider the trading pair COTIUSDT
They say that the COTI project has great prospects, because it is an ecosystem designed specifically to solve problems associated with traditional financial services. The COTI platform helps structures and organizations save time and money, solving issues such as the digitization of any currency or the creation of a payment system and others.
Whether it's true or not, it's up to you to decide, we are used to trading what we see on the chart.
On the chart of COTIUSDT we see not a confident update of the absolute maximum of the price. And all this growth was associate with the signing of an agreement on cooperation with Adapay or not?. But it has not been launched yet, and it is not known whether it will be launched in time, but the price behavior on the chart will tell us everything in time).
For a confident long it is necessary that COTIUSD price will not fall below the area of $0.45-0.55 . Under these conditions, the way will be opened for the growth up to $0.90 to begin with.
Then there may be a consolidation, which we will have to analyze separately what will happen in it.
If all cards will converge, and news background will be cracking from the positive, the cost of a coin COTI quietly can grow to the range of $ 1.90-2.20
If you see weakness in COTIUSDT pair, you will see that buyers barely keep it in the range of $0.45-0.55 — run away from it, because lower, the level of $0.24-0.25 will draw price with a magnet
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COTI, IN A SENSITIVE SITUATION...!Coti needs a breakout to be able to determine its next move.
According to the image above, given the divergence and the current market conditions, we can expect the Coti to reach around $ 0.09. (personal opinion)
This post is only a personal review and should not be used as a basis for buying and selling.
-Thanks-
COTI UPDATE
Last 24hrs we have seen confirmation of a breakout out of its correction which is a BUY signal
All the indicators on the weekly are showing signs of strength and a reversal coming in hot.
My Target for COTI after the crypto cycle completes is somewhere near the top trendline as the last 2 tops respected touching this.
COTI is gaining very strongly against its BTC pairing which means it will stay ahead of the game and even stronger when BTC rebounds.
IMO BTC can fluctuate between 37k-43k consolidating a base. If this drags down the price of COTI in the short term, dips are for accumulating.
2022 looks like there will be a massive upside for COTI. This is an AMAZING project focusing on the fintech utility in crypto. They have an amazing team and the best programmers and partnerships. Watch this video and you will see what they are all about. www.youtube.com
COTI DAILY LONG$Coti on the daily chart is getting squeezed tight between the 21SMA and 50SMA. The RSI on the daily has crossed over the RSI 200SMA which has indicated in the past the $Coti is primed for a move to the upside. Increase in volume is confirmation that this time will be no different. Coti is scheduled to handle the first released $ADA Cardano stable coin $Djed at some time in the near future Q1 which maybe the reason for the increased interest in Coti. With an ATH of .7074 I expect Coti to challenge this within the next few weeks. The momentum of all Cardano projects is picking up steam as a report came out this week that ADA leads the charge in all of crypto in active development. The only real level Coti has as a resistance on the daily, 0.5266 and 0.6480
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 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.
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
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 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?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
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