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COTI / Bitcoin

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COTIBTC trade ideas

COTI primed to make a move (vs BTC)COTI has been overall bearish since setting ATH in late March. Tried to rebound on 4/21, but was sharply rejected and sent down below 21/50 MAs where it has lived since. Price is wedging and a symmetrical triangle is forming with daily downtrend (continuation pattern). Just based on the chart alone, I would not be surprised to see a pump, rejection, and to follow a similar pattern to the start of the downtrend after ATH (drawn circle, bar pattern) ultimately continuing the downtrend. However, if the altcoin market pumps -- or we hear more fundamental news like the ADA partnership -- this could be propelled out of the downtrend on the coattails of the rest of the market. Personally, I am bullish on the altcoin market in the short term, so I do expect it do break out of the downtrend anecdotally, but the chart disagrees. Good one to watch. Update: noticed a bullish divergence on the RSI shortly after posting, see additional image.
by Magic_Wike
COTI/BTC 414% pure Profit update and exit point is here#COTI/BTC Profit Update:- #COTI/BTC currently trading at 728 Satoshi and I also told you to book profit at 800+ And COTI went upto 952 Satoshi which is 414% pure profit from our entry level. So Entry:- 170 Satoshi ✅ Targets:- TP1:- 310 Satoshi ✅ TP2:- 393 Satoshi ✅ TP3:- 527 Satoshi ✅ TP4:- 767 Satoshi ✅ Moon :- 950 Satoshi ✅ We are providing only Quality Updates and others channels are Giving Quantity updates...😂 So guys hope you are very very happy with our TA+FA Analysis . I need your support so please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
8
Next steps for Coti - March 15th 2021 - The road to 1B MarketCapClear daily support level as indicated on the chart. These next three levels will be tough especially from 840 to 1K+ sats. Above 840 is price discovery however the psychological 1K sats level will be pertinent IMO as well. A confident retest of 840 and then 1K sats level and there's nothing but air - Mars is the limit. Coti is a 1 Billion + market cap network by end of Q2 2021. 1. 636 - 800 sats no problem. 2. Retest and S/R flip 775. 3. 775 - 840+ is going to be wild. etc... BINANCE:COTIBTC (All of this is VOID with anything over 10-12% Volatility from the Majors)
Long
by whoistr4c3rz
4