COTI/USDT Showing a bouncing, bullish momentum for back to up?💎 Paradisers, #COTI has recently exhibited notable market dynamics, particularly with a bounce from the support area.
💎 Historically, when COTI hits this support level, it tends to sustain and rebound, suggesting a similar pattern may unfold now. There's potential for the price to test the strong resistance area if this pattern continues.
💎 However, a breakdown below the support area could signify a bearish trend, leading to further downward movement towards the $0.11 support level.
💎 It's crucial for COTI to bounce from the support and reclaim the price above it. Failure to do so could result in continued downward movement.
MyCryptoParadise
iFeel the success🌴
COTIUSDT
📈 COTI Trade Setup 📉📊 Analysis:
Market Sentiment: Recent support finding and upward movement suggest a potential reversal in the market.
Technical Position: COTI is currently resting on a support level, indicating a favorable entry opportunity for a long trade.
Laddering Strategy: Employ laddering technique to optimize entry and manage volatility.
Entry Range: Consider entering the trade between $0.17 - $0.19, aligning with the current support level.
Profit Targets: Look for profit-taking opportunities at resistance zones around $0.25 - $0.27 or $0.31 - $0.34.
Risk Management: Implement a stop loss just below $0.16 to limit potential losses in case of adverse price movements.
💡 Note: Stay attentive to any market developments and adjust your strategy accordingly. Keep an eye on overall market sentiment and BTC's movement, as they may impact COTI's price action.
COTI - A short trade#COTI/USDT #Analysis
Description
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+ COTI price has broke out from the support zone and heading towards the next support
+ This is a clear indication of the continuing bearish trend.
+ I see a good opportunity for short trade here.
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VectorAlgo Trade Details
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Entry Price: 0.1833
Stop Loss: 0.2169
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Target 1: 0.1622
Target 2: 0.1416
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Timeframe: 4H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
🐳COTI will Go Up Again🐳Hi.
COINEX:COTIUSDT
- COTI is in a downtrend on the weekly chart
-Expect more pumps if price breaks out above channel
-Sentiment remains generally bullish on ECONOMICS:COTI despite downtrend📝
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✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
⚠️ Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COTI/USDT Break alert!!! Ready for continue upward after retest!💎 COTI has recently undergone significant market dynamics. After breaking out of a major descending channel, it is currently in the process of a retesting phase at the trendline, coinciding with the demand area that was previously the supply zone.
💎 If this retesting phase proves successful, indicated by a bounce in price, Probability we may witness a substantial upward movement toward our target strong resistance area.
💎 However, if during the retesting phase at the demand area, COTI fails to show a favorable response such as a bounce or bullish candle rejection, it could signify a false breakout.
💎 In such a scenario, COTI may revert into the descending channel, leading to a downward trajectory towards the support level, or potentially even lower.
COTI leader for web3Look at that volume of COTI and some information here about it
COTI has designed a new block-less and miner-less blockchain. It solves the scalability issue of cryptocurencies and makes bitcoin look archaeic. COTI is a new block-less blockchain that removes miners. It is labelled ‘PayPal for the crypto world'.
COTI has architected a new blockchain based on a DAG (Directed Acyclic Graph) protocol. DAG are block-less blockchains where there are no miners or blocks. Graphs are acyclic in nature and flow in a specific direction, which means that transactions cannot be duplicated and can confirm themselves automatically based on previous transactions. Therefore, there are no miners to spend time and charge fees to code to confirm transactions, allowing for virtually real-time and low-cost crediting of funds to the other party’s wallet.
Stability and Low Volatility: COTI aims for a stable value, which can be attractive to those concerned about fluctuations in the value of traditional cryptocurrencies like Bitcoin.
Scalability: COTI utilizes its proprietary technology called Trustchain, which enables fast and efficient transaction processing even at high volumes.
Low Transaction Fees: The COTI platform aims to reduce transaction fees compared to other cryptocurrencies and payment systems.
Security: COTI uses a combination of protocols to ensure secure and authentic transactions. It also includes elements to protect against fraud and attacks.
Decentralization: While COTI strives for stability, it still maintains some decentralization features that set it apart from traditional payment systems.
Fast Transactions: Thanks to zk-Rollups technology and optimizations within the platform, COTI can process transactions faster than some other cryptocurrencies.
Flexible Payment Solutions: COTI offers the ability to create various payment methods and solutions, allowing businesses and developers to build their own payment applications.
Smart Contract Support: COTI plans to implement smart contracts, opening the door to creating sophisticated payment scenarios and applications.
Innovative Technology: Trustchain, a technology developed by COTI, serves as the foundation for the platform and provides an innovative approach to solving transaction system issues.
Partnership Projects and Collaborations: COTI collaborates with various partners, which can bring new opportunities for utilizing the platform and developing new applications.
COTI NEW UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
It seems that the COTI large diametric has ended and the last wave of this diametric, the G wave, has also ended.
There is a nice support range for COTI (flip).
In case of pullback to this range, we will look for buy/long positions.
It is expected that by maintaining this range, we will jump towards the green box.
The targets are clear on the chart.
Closing 1 daily candle below the green range will violate the analysis.
Top Gainers: COTI +38%COTI/USDT Weekly and Daily Chart.
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What is COTI (COTI)?
COTI, an acronym for “currency of the internet” is a blockchain-based Directed Acyclic Graph (DAG). It aims to provide a platform and payments service that addresses the current issues faced in the mass adoption of blockchain.
The platform allows businesses and developers to create unique customized payment solutions and digitalize major currencies. It provides merchant-facing tools that bypass intermediaries with low costs, instant and simple payments, and simple processes.
COTI is the native cryptocurrency of the platform, it is available as an ERC20 or BEP2 standard token and also operates on the Trustchain network. COTI tokens can be converted between chains by using the COTI bridge. The COTI native token is used for transaction fees and other payments on the platform.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
#COTI/USDT#COTI
Finally, we reached the upper limit of the downtrend channel
After a descending triangle since the beginning of the year
At the same time, we are close to breaching the 100 moving average
We have a large reversal pattern and it appears that the price is heading to break it
The price is expected to trade in an upward wave with price corrections
Current price 0.05300.
First target 0.08080.
Second goal 0.10670.
Third goal 0.13180.
With an oversold presence on the MACD
The Moving Average 100 breakout is close
COTIOur recent trade on COTI resulted in significant profits, prompting us to consider another accumulation for the upcoming bullish move. COTI continues to show promise in its potential trajectory.
However, it's important to note the ongoing market volatility, especially with the ETF news concerning BTC. Leveraged trading comes with high risk during such times! For COTI, we recommend spot trading and exiting if the current daily support is breached. Consider re-entry only when the support is reclaimed, as this could pave the way for a potential rise towards the 0.12 area.
Remember, your money and risk management are crucial in these volatile markets!
Wishing you successful trading endeavors!
COTI - starting a huge uptrend (1459% in 2024)Technical analysis
COTI is starting something huge. The downtrend is over, as you can see on the chart. COTI ended the downtrend with a descending parallel channel. A retest of the channel has already happened, so there is no reason to go down anymore. It is always important to take a look at the volume indicator, and as we can see, the bullish volume is very strong, so the whales are buying and you want to buy with them. 1459% profit is something that is very possible in 2024/2025, but if you do not want to wait a long time, use my profit target 1 and profit target 2.
What Is COTI?
COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money.
COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.
COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020.
It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast.
The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway.
COTI CHART ANALYSIS: HEAD AND SHOULDERS BREAKOUT?In this chart of BINANCE:COTIUSDT , observed a head and shoulders pattern and for the past 3-4 days, the price of COTI rose to more than 50%. As the thumbnail shows, the pattern had a breakout. Will it surge continuously, go sideways or maybe a reversal? I will provide updates on my full chart analysis in the threads below.
Happy trading to everyone and a Happy Chinese New Year :)
COTIUSDT.1DBased on the provided market data, the COTI/USDT pair is currently trading at 0.088 USDT.
On the 4-hour chart, the Relative Strength Index (RSI) is at 59.60, indicating a near neutral market. The Moving Average Convergence Divergence (MACD) is positive at 0.0080, suggesting a bullish trend. The Bollinger Bands (BB) are at 0.10, indicating a moderate level of price volatility. In terms of support and resistance levels, the first, second, and third support levels are at 0.081, 0.065, and 0.057 respectively, while the resistance levels are at 0.096, 0.10, and 0.1154 respectively.
On the daily chart, the RSI is relatively high at 71.46, which indicates overbought conditions and potential for a price pullback. The MACD is also positive at 0.0060, suggesting a continued bullish trend. The BB is at 0.10, indicating a moderate level of price volatility. The support levels are at 0.066, 0.054, and 0.044, while the resistance levels are at 0.12, 0.13, and 0.15.
On the 7-day chart, the RSI is also high at 70.14, indicating overbought conditions. The MACD is positive at 0.0038, suggesting a bullish trend. The BB is at 0.11, indicating a moderate level of price volatility. The support levels are at 0.054, 0.035, and 0.025, while the resistance levels are at 0.11, 0.128, and 0.135.
In summary, the COTI/USDT pair appears to be in a bullish trend across different time frames. However, the high RSI on the daily and 7-day charts suggests that the pair may be overbought, which could lead to a price correction in the near term. Therefore, potential investors may want to wait for a better entry point. As always, it's important to consider other factors and conduct a comprehensive analysis before making any investment decisions.
COTI ANALYSIS (4H)On the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the D wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
We have specified the targets on the chart. We also specified the invalidation level. Closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You