COTIUSDT trade ideas
COTI$COTI
Diagonal support holding strongly on the daily. We just broke from the descending diagonal resistance. The Stochastic has also crossed bullish after going oversold.
Market conditions are getting better since this afternoon, if it continues, COTI could be a good play for the next days/weeks!
Wait for a pullback and bullish reversal confirmation to enter:
Entry: $0.3 - $0.325
TP: $0.3626, $0.4122, $0.4828 and $0.6523
SL: $0.29
Note : This is a longer term swing trade.
COTI price prediction FUNDAMENTALS:
There will be an increase in the supply of 20%, which means 179 million coins will be issued this year(2022) on February 4 (medium.com). Also, treasury is coming up at the end of January, native staking for COTI holders thru viper wallet. Binance staking is already sold out last December 21, 2021. DJED stable coin news anytime with new merchants updates.
TECHNICALS:
There is strong support at 29c, and we can see a short-term reversal from here, but supply can change all the technicals, but last time the supply was increased, it did not affect the price of COTI; instead, it went upward.
Personal Opinion:
If you are a long-term holder, buy every dip coming and hold your coins. This year COTI will rise above $1+ and for me. It's the best DEFI project out there because the goal is to make the world connected with crypto, and COTI will create stable coins for big companies in future. COTI is associated with ADA(recently, ADA partnership with Samsung was announced), so for me, it's strong buy me, plus it does 100,000 transactions per second.
COTI 4hr Trendlines All crypto is plunging downwards today with the stock market because of the FDA meeting.
FUNDAMENTALS:
COTI significant announcements are on the way with DJed and treasury plus big merchants who will adopt crypto, and COTI itself will issue tokens like djed to its partner's merchant.
TECHNICALS:
Charts are still on an uptrend (green lines), and if we go below .34c, we might see a downtrend (red lines) again, but in my opinion, we will stay on the uptrend because today is the day to grab more.
COTIUSDT Daily TA : 01.05.22 : $COTI🟡 Results so far (HH) : +12% 🔥
Well, according to the previous analysis, as you can see, the price hit the our first target so far and it has brought us more than 12% Profit . Amazing , Isn't it ??
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05 .Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
(COTI) TW HOLY GRIAL PATTERN CONFIRMED, Hight Volatility!COTI
WEEKLY Holy Grail Pattern Confirmed High Volatility incoming!
Technical Indicators
Support at 618 FIB Retracement weekly chart
Support at 618 FIB Retracement Daily chart
RSI: Bottomed out with bullish divergence
20 EMA Currently sat on it with Bollinger bands starting to narrow on the daily.
Bias
Bullish
COTIUsdtcoti is good for save and got profit
this come new but good work and project is uniqe
they say about Coti:
In an era of “everything digital” currencies remain outdated.
Currently, it’s cheaper to pay in cash than to use banks, PayPal, Alipay and the like.
COTI is the first enterprise-grade fintech platform that empowers organizations to build their own payment solution and digitize any currency to save time and money
on Coti wallet can save and use Fiat and Crypto so good for future aand this with move cardano can more pump
and coti team have start and make your Exchange.
GL
EntryPoint:
0.3600
0.3342
Support:"
0.2844
0.2129
0.1547
Resistance:
0.4074
0.4427
Targets
0.5499
0.7012
0.8931
1.2616
1.9604
GL