COTIUSDT trade ideas
COTI - NEW ATH? 1,2$ SOON!A lot of coins have established new ATHs at this point. And COTI is prepared for that, too.
After 3 times being rejected at the strong resistance line.
This time COTI formed a head and shoulders pattern in preparation for the breakout.
Target:
TP1: 0.77
TP2: 0.87
TP3: 1.2
TP4: Update later :)
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.
🌠COTI Mainnet 2.0 - C&H / Inverted H&S"We’re excited to announce that COTI’s Mainnet 2.0 will go live on November 2nd, 2021 at 2 pm UTC."
This is probably one of the best-looking charts right now. There are two very clear price patterns visible on the daily chart, the price is currently in its all-time-highs levels and now we've just heard the positive news. All signs are telling us that COTI is set to enter a new price discovery phase very soon.
Entry: buy at bottom trendline of this handle (flag) -- or buy once the price breaks out of it-- or -- buy later on a local pullback
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About COTI:
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.
Source: coinmarketcap
Wave 5 of elliot Coti is moving as expected, a reverse h/s which also had a very nice retest on the neckline
also, we see an Elliot wave which shows we are on wave 5! so take care, suggest you to play with the stop around the target or sell it at the target and wait for a breakout
because if as per my prediction wave 5 finishes at the mentioned target then we will have bearish ABC after.
COTI, not looking bullis atmOn the D1 COTI broke out of the handle and looking for continuation. RSI indicates bearish divergence, Stochastic overbought .Note the yellow A/D line diverging, indicating large outflow of money. 0.60c is support, but i'm not optimistic this will hold if COTI drops more. Not to bullish (for now)
Golden Cross On the Daily Frame !After the LAST GOLDEN CROSS The price went x15 higher from 0.04$ to 0.6$ ! With no real products !
Big news are coming on the CARDANO summit on the 26th of September, a big partnership between COTI and ADA will be revealed !
Next week the COTI credit card and crypto bank accounts will be released !
AND MORE BIG NEWS !!!
On the daily frame we have a golden cross
If only we do x15 (like what happened after the last golden cross) from current prices, the price will go from 0.36$ to 5.4$ if not more !!!!
This is not a financial advice !
Do your own analysis !
Trade on your own RISK !