COTI DAILY LONG$Coti on the daily chart is getting squeezed tight between the 21SMA and 50SMA. The RSI on the daily has crossed over the RSI 200SMA which has indicated in the past the $Coti is primed for a move to the upside. Increase in volume is confirmation that this time will be no different. Coti is scheduled to handle the first released $ADA Cardano stable coin $Djed at some time in the near future Q1 which maybe the reason for the increased interest in Coti. With an ATH of .7074 I expect Coti to challenge this within the next few weeks. The momentum of all Cardano projects is picking up steam as a report came out this week that ADA leads the charge in all of crypto in active development. The only real level Coti has as a resistance on the daily, 0.5266 and 0.6480
COTIUSD trade ideas
COTI/USDThis hit off the harmonics so beautifully i had to do it. The volume hit crazy out of no where, which in 2 months if caught you hit big..so congratulations on those who believe in the acyclic graph of things and took this on.
I don't want a talk your head off but we'll be watching this too for my own personal use
P.S. I'm am not an financial advisor trend on your own feel and don't go based on my personal view
COTI Buy ZoneCOTI support at bottom of long-term channel, downward sell pressure will be minimal and unable to break support sub $0.285.
Project has a lot of activity, catalyst events for bullish reversal for COTI are plentiful.
COTI to $1+ in Q1 2022 with $DJED algorithmic stablecoin in the Cardano ($ADA) ecosystem along with other milestone accomplishments.
61- 68 IfExpecting more testing of the 51 zone, and if the holds and keep on absorbing supply, I would consider it a good place to initiate buy entries.
Overall I am anticipating a move upside to the .61 area & 68 if strong demand emerge.
More testing of the floor is highly probable as long as it doesn't break upside 55 on SOS.
A drop under 51 would make me look at 46-48 for buying interest, and a break under it on heavy supply would mean a more serious drop to the downside, and another story.
4 hours
Weekly
Monthly
COTI 4H Chart - RSI breakoutCOTI is in a large ascending triangle pattern and recently touched the bottom trendline. Also RSI just broke out of the trend upwards. We can see a nice moving upwards coming. I noted the resistance areas with the R's.
I've been tracking COTI for a while. Check out my other ideas below!
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
COTI Retesting Microtrend UpperCOTI's VSA is showing supply diminishment and a retesting of the upper trendline resistance from a .519 preliminary I opened on 10/21. We're using this chart to track the swing.
*Professional Wyckoff VSA crypto swing trader. I regularly seek out the most lucrative swings on all major crypto exchanges.
All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and 'take-the-money-and-run' Fibonacci target zones.
I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself!
I review over 300 coins & tokens daily and handpick all the runners myself (no bot signals). Good luck and safe trading to all.
** Not financial advice. Trade at your own risk.
COTI 4H - Hidden Bullish Divergence in sightCOTI 4H Chart shows hidden bullish divergence from my view (see lines for price and RSI). Also there is an ascending triangle formation with a possible breakout target bringing the price to the 1.618 fib.
This may be dependent on BTC staying flat or moving up.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
$COTI Cup and HandleCup and handle is the theme for 2021 crypto market.
As the chart indicates $COTI is forming a nice handle to a Huge Cup formation.
Along with major news I believe $COTI is ready for a breakout. I have added some conservative entry, and profit zones.
Enter with caution and always risk everything!
Cheers!
Scooge
0.52 again and if not I would be expecting a touch again of .52-, and price staying upside .505 would be a sign of it, even if some test of .50 is still a possibility before we would go there. If we going back under .50 showing weakness, it means we are going to have more touching of the .47-.48 area.
Would not expect a long term or that much of a big drop unless we break under .46 on signs of major supply volume, which would make me expect it dipping at .40
On the longer term, I do expect it going to .54-.55 into it's next moves, but this would be only considerable at a break upside .52 on maintained demand volume.
4hours
Weekly
Monthly
Looking a the monthly I would not be surprise to see price going to the right consolidating between .50-.65 for the last months.
Idea would be updated as price moves.