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COTIUSDT

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
Long
by Skyrexio
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.
Long
by Nimble_Samuraj
4
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
by ssari
2
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