COTI UPDATE !! JOHNSMITHHello,
as far as i know the collaboration between ada and coti, when ada pumps coti follows.
technically coti is now bullish breakout from the falling wedge and above 20 daily moving average which is a good sign for bulls.
bullish divergence on daily timeframe before the breakout.
cheers.
COTIUSDT
COTI/USDT : Pulled back from support zone | 280% Expected gain BINANCE:COTIUSDT
Hello everyone 😃
COTI had a breakout from it's ascending channel on daily chart at 3rd March.
After that it had a rejection of it's higher trendline !
Now, It's pulled back from a stiff support zone and broke the bearish trendline...
It's above bearish trendline and MACD had a bullish crossover.
COTI is extremely bullish; I will add hold a big bag of it with entries !
1st is after a breakout on MA50 and the 2nd one will be after a retest on channel's higher line or MA100.
It's expected to have a retest on higher trendline with possible 200% growth.
📌 MA100 is a good support for movement but MA50 is trying to reject;
However most of signs are extremely bullish, So there might be a retest on MA100 before breakout..
🔴 Have to mention that BTC is not stable yet; So risk management is highly recommended !
Hope you enjoyed our analysis about COTI's extreme growth🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
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 :)
COTIUSDT Falling Wedge Breakout!COTIUSDT (4H Chart) Technical Analysis Update
Falling Wedge Breakout
COTI/USDT currently trading at $0.3825
Buy-level: $0.360 - $0.380
Stop loss: 0.296
Target 1: $0.421
Target 2: $0.446
Target 3: $0.515
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
COTIUSDT Bullish Falling WedgeHello Guys,
Coti/USD is forming a bullish falling wedge which is near to the breakout at any moment.
Coti is a wonderful project collaborated with Cardano, Cardano is breaking out so coti will be following it soon.
Coti is also forming bullish hidden divergence at a 4h timeframe RSI.
respect the stop loss as analysis is self explanatory.
New scenarios for COTI ... KUCOIN TA ...In previous days, COTIUSDT has tested dip points, and especially 0.5 fib level from which it has strongly retraced and has formed a double bottom in the 4H frame (circled in red)...
Now COTIUSDT is on a triangle, if we break it from above, we will visit new higher priced areas (new ATH) with small little corrections in each level...
Else, if COTIUSDT breaks the triangle from below, we will go deeper and retest 0.5 fib level from which we will retrace for sure ..
COTI has strong fundamentals and the TA is still bullish, and IMO COTIUSDT is still highly undervalued and my long term prediction is still 7$ for COTI in the bull run..
THIS IS NOT A FINANCIAL ADVICE! DO YOUR OWN ANALYSIS!!!
Coti: Falling Wedge Pattern 50% profit opportunity in short termCoti reached 0,60usd in the past. Now it dropped to below 0,30usd. we see that 4 hours rsi dropped to below 0,30 for both coti/usdt and coti/btc charts. We see falling wedge pattern on the price chart. That's why I strongly believe that price will move up.
TP1: 0,43-0,45
TP2: 0,48-0,50
TP3: 0,58-0,60
If coti reach to 0,58+ it may drop for a while, then it may go to the moon.
Let's see.
#COTI possible targets for 2021#COTI possible targets for 2021
TARGET1: 1.3$
TARGET2: 3.4$
TARGET3: 5.2$
TARGET4: 13.5$
STOP LOSS: 0.20$
Targets are extracted using these items:
Channeling price movements and expanding channels.
FIB EXP 1-2
FIB PRO 2-3-4
important points:
Up to 10% of the capital should be invested.
If the gap between the loss and the current price is large, enter a smaller amount of capital in a few steps.