COTI -Currency Of The Internet. Currency Of The Internet.
COTi has fixed an unbelievable 92% since its ATH, it is the first enterprise-grade fintech platform on its official website, empowering organizations to build their own payment solutions and digitize any type of currency to save time and money.
The bottom is expected to be at 0.0438 and its weekly resistance at 0.12489. At this moment COTI is at the bottom line of the Keltner Channel and by all indications, triangular formation, oversold RSI, we will have a reaction in a short time from COTI, of course if the geopolitical conditions allow it.
COTI, with its DAG-based distributed ledger blockchain technology, allows you to confirm transactions using its Trustchain Algorithm. The cluster can validate and settle hundreds and thousands of transactions per second (TPS).
Among other functionalities COTI was designed and engineered to make daily transactions between merchants and consumers. The first major part of the COTI ecosystem is COTI Pay. It can process any and all types of payments offline or online, be it cryptocurrency or stablecoins, credit cards or even the merchant's native currency. It has built-in financing with interest earned on deposits and commercial loans.
COTIUSDT
COTI / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's look at the 4H COTI to USDT chart as you can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.0686
T2 = $0.06943
T3 = $0.07013
T4 = $0.07077
and
T5 = $0.07176
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.0675
SL2 = $0.06638
and
SL3 = $0.06494
Looking at the CHOP indicator, we see that the energy is gathering more and more strength on the 4H interval, while the MACD indicator indicates a local downtrend. It is also worth adding that we have a rebound on the RSI.
COTI SHORT SETUPHello, dear traders. how are you ? Today we have a setup 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
COTI | Descending Channel Formation..!!
#COTI is forming Descending Channel Pattern in Daily timeframe..
Seems like Bottomed out & Ready for Historical Breakout So Keep an eye on it.
In Case of Breakout, Expecting +160-180% Bullish Wave in Midterm.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
COTI can hit 0.14xx area soon - risky tradeAs we can see in the chart, price is holding quite nicely above white MA which is very good sign. If the price breaks up the orange MA, then there is a high probability that red MA (200) on daily can be our target.
BTC must stay without deeper drop. This is quite risky so have SL placed.
MANAGE YOUR RISK
COTI LONG - WEEKLY CLOSE OUTSIDE WEDGE I'm waiting for the moment when the big reversal to the upside coming. COTI has shown strength the last two weeks and are now about to break weekly trend. We could see a good DCA opportunity here if COTI close outside the wedge. On the other hand, a weekly close inside the wedge could mean that COTI drop to the floor of the wedge again.
COTI LONG TRADE 20221001Buy Valid Breakout
COTI, COTIUSD, COTIUSDT, COTIUSDTPERP, COTIBUSDPERP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Take a look at $COTI....KUCOIN:COTIUSDT - Broken through longstanding resistance (1st red circle) and retested same level as support...
Aim here is to open continuance long in same area (second red circle) and run through - switch to chasing stop at recent high...
Tight stops allow this to be a good R:R trade. Loses the close block EMAs (I 12,24, 32) and next support around 0.0957 for second entry.
Certainly worth consideration