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COTI / TetherUS

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COTIUSDT trade ideas

COTI - Will History Repeat Itself?Hello TradingView family, this is Richard. I find COTI chart interesting. I have been holding/following this one for a year now and noticed that lately COTI is respecting the inverse head and shoulders pattern well lately. We are no doubt overall bullish trading inside the two blue trendlines forming a rising broadening wedge. Previously COTI approaches the lower bound / blue trendline, formed an inverse head and shoulders pattern, and traded higher. This happened twice! Are we going to see it happening a third time? We are waiting for the right shoulder to form, then buy on the gray neckline break upward. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
24
Brief idea on the price prediction of COTI's next leg up This is not promoting opening a long or short position in COTI. I do not advise trading any assets. You should research more technicals and fundamentals to dictate an investment or take this point of view as entertainment or an educational idea. I speculate COTI will repeat the parabolic gains experienced in early 2021 where the 1 is positioned. The following speculates a repeat of the price as the graph is a direct 1:1 scale pasted to where the price is currently in its position in time. COTI has had a long accumulation and taking into consideration of the current market these gains are not impossible. The pasted price movement also follows the key FIB levels. This movement correlates to the narrative of crypto in December hitting its highs. I personally believe crypto will find its to during December as the quarter comes into a change the market will experience a sell-off followed by more parabolic gains when high fear is widespread but this is off the topic COTI.
Long
by UnknownUnicorn18501498
COTI 100% Profit opportunity.COTI (COTI) Current Price: 0.55usd Buy Zone: 0.52-0.60usd Sell Zone: 1.00-1.30usd What Is COTI (COTI)? COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money. COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers. COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020. It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast. The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway.
Long
by BarcinGokboru