COTI/USDT Break Key Level, Bullish Momentum or false breakout? 💎 COTI has certainly piqued our interest. Having broken through a formidable resistance zone, COTI showcases potential bullish momentum, especially after spending 52 days in a sideways pattern within that range.
💎 Currently, COTI is in a retesting phase post its breakout from the strong resistance. A bounce in this region would pave the way for a continued upward trajectory.
💎 However, should COTI fail to maintain its position and close below the resistance zone, it might indicate a false breakout. In such a scenario, COTI could descend towards the nearby demand at $0.0415.
💎 A bounce at this point might lead to an upward retest of the resistance due to the false breakout, only to potentially decline again towards the demand at $0.039 or even approach the robust support zone.
COTIUSDT
COTI / COTIUSDTGOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
COTI ANALYSIS (1D)Hi, dear traders. how are you ? For a long time, the COTI symbol has been falling with an almost steep slope, and it has become difficult for some traders to predict its direction.
In this analysis, I have tried to predict the future path of COTI as much as possible with a quiet chart.
By checking the chart and wave counter, I realized that we are in a diamond diametric correction pattern.
On the chart, where it says "Start of correction" is the point where our diametric diamond started.
Looking at the branches, it looks like we are now in wave E of this diametric.
By hitting the green area, we expect the E wave of this diametric to end and we enter the rising F wave of this diametric.
Here is the path I envision for COTI on the current data, on the daily time frame.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
COTI Coin is considered a security by the SECRecently, the U.S. Securities and Exchange Commission (SEC) classified COTI (COTI Coin) as a security. This means that COTI, the native cryptocurrency of the COTI network, is now subject to securities regulations and requirements imposed by the SEC.
The decision to categorize COTI as a security by the SEC signifies that it is considered an investment contract, representing ownership or participation in the COTI project or platform. Consequently, COTI will need to comply with applicable securities laws, which may include registration, reporting, and other regulatory obligations.
This classification by the SEC highlights the increasing attention and oversight of cryptocurrencies, particularly those that possess features resembling traditional securities. Companies and individuals involved in the cryptocurrency industry must remain informed about regulatory developments and ensure compliance with relevant laws to operate within the bounds of the law.
My price target for COTI is the next strong support, $0.038.
Looking forward to read your opinion about it!
COTI formed bullish Shark for the next pumpHi dear friends, hope you are well and welcome to another new trade setup of COTI coin with US Dollar pair.
Our last successful trade of COTI was the below one, which was almost 60% pump:
Now on a 4-hr time frame, COTI has formed a bullish Shark for the next bullish reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
COTI (Y23.P2.E1). Macro goldern fib. levelsHi Traders,
On this chart, it seems that we have the fib extension of 1.618 further down and we have the fib macro level of 0.618 on the weekly here if we include the wicks.
For now, I think the pattern also suggests both levels are relevant.
Averaging in here based on the weekly chart makes sense.
Regards,
S.SAri
another fib perspective
COTIUSDT Profit-Taking of 120% with a Strong Buying Case💎#COTIUSDT has recently displayed promising price dynamics, indicating the formation of a potential bottom at the psychological support level of $0.0400. Subsequently, the price surged above the long-term demand level at $0.0500, transforming it into a significant support-turned-resistance zone. This price area has garnered substantial interest from buyers, making it a focal point of market attention.
💎 As long as the price remains above $0.0500, #COTI presents an exceptionally attractive buying opportunity with considerable growth potential and a favorable risk-to-reward ratio. The profit potential exceeds the associated risk, with the possibility of achieving a 120% increase above the current demand zone. It is important to note that a complete bullish invalidation would only occur if the price breaches the psychological support at $0.0400.
💎 However, when considering profit-taking strategies, it is crucial to be aware of two significant resistance areas. The first notable resistance lies at $0.09, which coincides with the 50% Fibonacci retracement level and the downtrend trendline. The second resistance zone is characterized by a double Fibonacci resistance, aligning with the long-term supply area.
💎 The MCP team is closely monitoring #COTI, prepared to take action at the opportune moment. To stay up-to-date with our actual trades and benefit from exclusive insights, we invite you to subscribe to our VIP channel. Stay informed and seize the potential, Paradisers!
COTI Trade Setup: Capitalize on 40% Profit Potential with StrongCOTI Trade Setup: 40% Profit Potential on Coin with Strong Support
The COTI trade setup presents an opportunity to potentially capitalize on a 40% profit gain. COTI coin, known for its innovative blockchain technology and decentralized payment solutions, currently finds itself in a favorable position with strong support.
COTI's price chart indicates a significant level of support, suggesting that buyers are stepping in to prevent further price declines. This support acts as a cushion, providing a solid foundation for potential price appreciation.
Furthermore, COTI's recent performance and market sentiment are encouraging. The coin's underlying technology has garnered attention and recognition within the cryptocurrency community, making it an attractive investment choice.
Considering these factors, there is a strong possibility of witnessing a price surge in the near term. Traders and investors who seize this opportunity could potentially reap significant rewards, with a projected profit of 40% based on current market conditions.
However, it is important to exercise caution and conduct thorough analysis before making any trading decisions. Market conditions can change rapidly, and the value of any investment is subject to market volatility.
Remember to stay informed about COTI's developments, monitor market trends, and consider setting appropriate stop-loss orders to manage potential risks. Always ensure that your trading strategy aligns with your individual risk tolerance and investment goals.
Disclaimer: This description is for informational purposes only and should not be construed as financial advice. Trading cryptocurrencies involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any investment decisions.
COTI must hold $0.0694COTI is getting very close to the absolute bottom and it must bounce off $0.0694 (orange line).
If it does not then the next level is $0.0621 (red line)
We can see that COTI has been in a down trend for almost a month now, the MACRO has not been good for the market but COTI has been hit especially hard.
It has to bounce back.
So, in summary, if we break below $0.0694 then there is definitely more pain in the future.
If we manage to bounce off that level we should be able to reclaim $0.0800
Of course if we recover, the speed of the recovery will depend on the rest of the market, but if we break levels then we will dump fast.
COTIUSDT 4HBased on the 4H chart, COTI went for a test of its bullish channel and failed, went to the resistance area at 0.0925 and rejected it as well and returned to the support zone of the channel. Now heading towards resistance zone, breakout could reach 0.1107
Here are the supports and resistances:
Support 0.0770 / 0.0739
Resistances: 0.0839 / 0.0857
RSI: Seller
MACD: Positive
EMAS : Pointing downwards
COTI is a high-octane token, uses DAG (Directed Acyclic Graph) technology to process transactions on its network, which allows for faster confirmation times and greater scalability than most other blockchain-based cryptocurrencies. It also has a payment platform called "Paywize" that allows businesses and merchants to accept payments in COTI as well as other cryptocurrencies and fiat currencies.
COTI CAN FALLHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the COTI symbol.
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
COTIUSDT Long opportunityIn the weekly time frame, we have two lines of support and resistance, which the price has reacted to several times.
Now the price is close to the support line again and I think it can be a good place to buy. I personally wait to see if the price reacts to the support line or not
⚠️ Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
COTI LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the COTIsymbol.
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
SasanSeifi 💁♂️COTIUSDT /LONG VIEW 👉1D ⏭ 0.091/0.10 ⬆Hello everyone ✌ As you can see, in the daily time frame, after the growth of about 150% from the range of 0.052, the price faced a correction of about 50% from the range of 0.12. It is currently trading in the 0.080 range. According to the behavior of the candles in the long term, the scenario we can consider is that the price will grow up to the 0.091 range after collecting VOLUME and minor fluctuations.
The possible trend is indicated on the chart.
The important support area is 0.068.
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
COTI is in an symmetrical triangle#COTI is in a very nice symmetrical triangle, I would enter now as we seem to have bounced off the bottom.
I also expect long term holders to enter now as the end of the Airdrop period nears.
Given that a lot of tokens will be locked for ~180 days, I fully expect the token to keep going up.
Because of the upcoming airdrop, I am not planning on exiting but I do have a few days to observe if we reach the SL.
If we do then I will sell and reconsider if I have time to re-enter, but I would be surprised if we did drop off.
Entry: Now (100%)
TP1: 0.1050 (50%)
TP2: 0.0879 (50%)
SL: 0.0716
Coti Buy Trade #Coti
Entry: 0.0831
Stoploss: 0.0735
TakeProfit: 0.1954 @ 135%
INSHA ALLAH
This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency Stocks Or Forex, including This Pair. Please conduct your own research and consult with a financial advisor before making any investment decisions.
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