COTIUSDT Engulfing SignalTechnical analysis of indicators reveals COTIUSDT is in the downtrend. According to EMA and SMA (5, 10, 20, 30, 50, 100 and 200) the position is in a decrease phase. We can see there is an upcomming reverse according to Williams Percent Range (14) and Commodity Channel Index (20) indicators.
Our brand new automatic Engulfing intraday strategy detected a reversal of the downtrend. The last candle absorbed drawdown and demonstrated an increasing bullish activity.
The buy level was 0.02981 and we expect a 6% increase from this point which is 0.03159 level. The alert was automaticaly execured by SkyRock Signals trading bot
COTIUSDT
Are we continuing consolidation?COTI is at the interface of three different scenarios.
We are currently on the edge of a large green zone, where, as we can see, there is a strong fight between bears and bulls.
On the 1D graph, we see a growing trend from the beginning, which has been confirmed several times (red dashed line). If the bulls do not defend the line, we will go to confirm either the orange or one of the lower pink lines.
The declining trend was confirmed several times (green declining band). If COTI crosses this zone and confirms the red line again, a short-term increase will follow, confirming consolidation and the price should not fall in the near future (unless there is a "Black Friday" for cryptocurrencies).
Rather, I see this towards the orange line, where consolidation would continue and the value would be reflected along the orange line until the consolidation phase was completed and a subsequent price increase occurred.
If you like this analysis, I'll be happy for every like.
COTI READY TO RIDE UPWARD AGAIN.We may see COTI touching its all time high again because there is a lot of news for this coin and this coin is hugely undervalued.
one thing that's matter the most is BTC.D
TARGETS are available is charts above.
hope for best, and also remember me in your prayers.
saqibmirza
COTI.BTC (Y20.P4.E1).Stalking.Macro structure TAHi All,
Keeping this short as there are many to reviewed:
Came across this which showed simplicity.
This is another one of those I believe is clearer in terms of the RSI\MACD perspective;
The formation on the chart and RSI makes sense with a double bottom likelihood;
Note the fib. level.
For now, its just planning and if it comes to this script, a good opportunity;
Note: Like Storj prior to this post, those with low liquidity, I place small orders with potential good gains.
Regards,
S.SAri
COTI with USDT
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
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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
COTI/BTC (Bullish Pattern?)COTI/BTC
-Reacted strongly at 50MA and ascending trendline support
-Currently holding strong despite other Altcoins are dumping
-We can see a Bullish triangle pattern
-Only a break to the upside is the confirmation
-I suggest entering only on confirmation or retest of new support
-Upside target is up to 689-781 sat range
-Bearish side, a candle body close below the trendline support
-Invalidating my Bullish bias in the midterm
COTIUSDT AnalysisIn May, if you listened EngineeringRobo's BUY signals such as BUY 2 & BULL and bought COTI, congratulations because you made 160% profit!
Do not hurry to sell it since it's still above the resistance level ($0.03).
I will keep an eye on it & wait for EngineeringRobo's SELL signals or wait for it to drop back to resistance level ($0.03).
COTIUSDT AnalysisI am mostly positive about COTIUSDT. Engineering Robo 1 has given the BUY 1 signal at 0.029 on July 19th, 2020. In addition the MA 20 (blue line) is above the MA 50 (yellow line), indicating that it is time to buy it.
The trend has been increasing and is now touching just below the horizontal (resistance) line.
If the candle will continue to go up and break the resistance line above it with an open-close candle, I will buy it.
If the candle will go down, and break the support level below with an open-close candle, I will sell it.
COTİUSDT ANALYSİSI have 4 positive signals.I am expecting really huge rise because of 20 moving average gainig a big rising slope and the intersection with 50 ma is currently unpredictable.that means ıf you have this coin wait very patiently. You might have x3 or more easily,
If you want to invest this coin maybe it was too late but wait until $0.034 (support) level.
#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
COTI in a TIGHT ZONE between MONTHLY & WEEKLY levels.Weekly Resistance has been broken, And COTI tested the Monthly Level retracing back to test the weekly level. 90 percent of the time when a level is broken whether support or resistance it is tested on its pull back and most of the times it is rejected.
Here, a new support has been made for COTI, but at the same time we have tested the monthly level as well. But as i said before, the weekly resistance which was broken has become a support now and has been rejected is going to test monthly level again.
We may see some consolidation as the zone between two Levels is quite narrow.
But, the candles are respecting the trend lines, so COTI is going for a monthly level test again, if it breaks the monthly, we may be in a bullish move.
You guys can long from 320 to 370 zone, but with a tight stoploss as COTI is in consolidation. Wait for either of the levels to break.
Thanks and trade safe.
COTIUSDTCOTIUSDT, the trend has been increasing through the horizontal (resistance) line that means the future is bright. possible scenarios;
1. It will continue to increase and break the resistance line above with an open-close candle, it is time to buy.
2. It might start to decrease, and pull back the support line with an open-close candle, it is time to buy.
-Robo has already given the BUY signal at 0.026 on July 7, 2020. (( I already decided to get some just before publishing this analysis :) ))