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COTIUSD

COTI/BTC (Testing Major Support Area)BINANCE: COTIBTC -The price is now testing major trendline of support -This area is a confluence of previous resistance, 0.618 Fib, and 100D MA -If Bitcoin stops dropping in the next few days -And COTI manages to hold above this important level -The chances we can see an upside correction is highly probable -The price can go up to 700 sat or higher -A bearish scenario closed below the green line will lead to further downside **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
by PolarHusk
11
COTI/BTC (Sitting at Key Support Area?)COTI/BTC -The price has dropped -34% from the High 548 sat -But it doesn't mean the uptrend is over -Currently, COTI is approaching key support area -The range 350-320 is a confluence of ascending trendline and previous support/resistance -If the 320-350 will hold for the next 7 days or so -Buyers will start looking for possible Swing Higher Low trade idea -There is huge upside potential provided no catalyst event will happen in the future -Reminder: Traders and Investors -Please use proper risk management -Do not go all-in
by PolarHusk
1
#COTI/BTC Looks Extremely Bullish. C&H + INVERSE H&SWelcome to this quick altcoins setup guys. COTI/BTC is trading around 255 to 257 while I am writing this update which is a very a very strong support. Why am I bullish on this chart? Bullish breakout of the Cup and Hassle formation at the bottom of the chart. Inverse Head and Shoulders in formation which adds up to the Bullishness of this chart. The only small resistance is 276 if it breaks we can easily see it reaching 341 sats. GOLDEN CROSS: When 5OD MA crosses over the 200 D MA in HTF. 8 hour is considerably a HTF chart. ENTRY: 254 to 256 TARGETS: 307 326 365 392 422 Sl: 227 FUNDAMENTALS: Very strong fundamentals throughout the next 2 quarters. An additional node will be added to the MainNet on July 1st, 2020. They will be launching their COTI PAY Debit card and you do remember what happened to the price of MCO when their Debit card was launched it exploded 100% in a month. Yes! So BUY this (DYOR) and IMO hold till the end of December. I am adding this coin to my portfolio for the next few months. Thanks for coming by to this chart, Do. Hit the like button if you find this update useful. Thanks Stay safe #PEACE
Long
by Cryptorphic
21