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COTI / TetherUS PERPETUAL CONTRACT

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COTIUSDT.P trade ideas

COTIUSDT BUY ZONE NOW?COTI seems like an increasingly recognized coin, with it only having a current low market-cap of 300M. COTI has presented it self as a Proof of work and relies on a new form of trust-chain algorithm which the smart contracts be based on. Smart contracts have not yet be released, increasing volume and a small market cap makes this a buy in my opinion. O and this coin literally screams democracy, so who the hell wouldn't wanna buy into that right ;) COTI optimistically to reach 1$ met with heavy resistance if 0.5$ broken.
Long
by ary2001
COTI// Short-Term Trend BreakCurrent price shows a compelling breakout from the recent downtrend from the CB listing. After a slow grind of making higher lows COTI looks like it has some of the strength it's had over the previous weeks. Its my opinion that this will be a decent entry zone for a longer term move. I usually enter trades like this on a retest of the broken zone - after I can easily understand the market structure, but I was unable to find reliable FIB lines to agree with my TP biases, so maybe thats a clue to something Im missing. However, ill be entering this trade on a hunch and assess as time goes on whether or not I should stay in.
by N0ST0PL0SS