COTIUSDT
COTI : falling wedge and Resistances!Hi every one
COTI / TETHERUS
COTI/USDT is in a Falling wedge now! this pattern is bullish of Course but It's Gonna Decrease the Price for now (as long as the break out Does not happen.). there is a Good chance for Break out to happen and the Price should start to increase whenever It's gonna Happen.The First resistance is at 4$ and the second on is top of the wedge pattern which is around 5$!
summery:
-COTI is in a Falling wedge pattern.
-Whenever a Break out happens we can expect bullish Movements!
-Resistances are at 4 and 6 $.
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COTI can reach 0.88$!Hi every one
COTI / TETHERUS
COTI is in a Bullish Pennant ! this Pattern can Increase the Price as much as the Pennant Pole! The break out is about to happen soon! so we Don't have to wait that much! There is also a Hidden Bullish Divergence On MACD as well! (+HD) so we can Say that it is safe to deal COTI after the break out happens! COTI can Reach 0.88$ .
Summery:
-COTI is in a Bullish Pennant.
-Break out is gonna happen soon!
-(+HD) on MACD
Previous ANALYSIS:
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
COTI/TetherUS ShortEntry price:0.4672
Stop loss: 0.4934
Take profit1: 0.3671
Take profit 2: 0.2884
Macd crossed below signal line few day ago. Indeed, the price started to go down, indicating a potential downtrend.
RSI shows a bearish divergence therefore we´re expecting further downtrend.
We should expect a confirmation of the downtrend. So we should wait for the price break out the support and then retest it as resistance.
no financial advice
COTI / USDT Might go into $10, Wave analysis.Coti aims to create a "finance on the blockchain" ecosystem to address traditional finance's problems, such as excessive fees, latency, and lack of global scale.
Coti accomplishes this by introducing a new sort of DAG-based blockchain architecture that uses the Proof of Trust consensus method.
The multiDAG structure of Coti allows independent DAG clusters to be combined into the larger Coti network. This enables businesses to use the Coti network to create their own tokens (such as stablecoins).
COTI's price appears to be bullish, as it is currently trading near the resistance of the (1)-wave, and we could see a significant rally for this company. This analysis should be correct if the Bitcoin price remains bullish, but things can change quickly. So be cautious and take a low-risk position.
COTIUSDT trade active entry after crossing the rangeCOTIUSDT trade has crossed range and enter in our predicted point to hit our first-initial target. So far prediction is running successfully. Trade first target will be $1.19 and second final target will be $3.5 level with growth 8X.
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COTI USD T - Bullish Continuation Second Target IncomingHello,
Our first target has been reached, we are expecting further growth in the next days, carefull at he end of the month, Futures Contracts Expiry date incoming, there we can ahave a small pullback.
Thank you for following.
Have a great day further,
This is not a trading advice,
St.Gex