COTIUSDT trade ideas
COTI/USDT Break Key Level, Bullish Momentum or false breakout? 💎 COTI has certainly piqued our interest. Having broken through a formidable resistance zone, COTI showcases potential bullish momentum, especially after spending 52 days in a sideways pattern within that range.
💎 Currently, COTI is in a retesting phase post its breakout from the strong resistance. A bounce in this region would pave the way for a continued upward trajectory.
💎 However, should COTI fail to maintain its position and close below the resistance zone, it might indicate a false breakout. In such a scenario, COTI could descend towards the nearby demand at $0.0415.
💎 A bounce at this point might lead to an upward retest of the resistance due to the false breakout, only to potentially decline again towards the demand at $0.039 or even approach the robust support zone.
COTIUSDT 4HCOTIUSDT 4H Waiting for price to close above trendline channel before long Entry a retest will make a lot of sense
COTI / COTIUSDTGOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
COTIUSDT - BULLISHCOTI is giving breakout,it will pump very hard,so keep an eye on this.
also buy in spot for short term like .
End of cicle COTICoti end of cicle, 1.618 fix extension, ABC complete.
Weekly bearish breaker to test around 0.31usd long term.
NFA
COTI ANALYSIS (1D)Hi, dear traders. how are you ? For a long time, the COTI symbol has been falling with an almost steep slope, and it has become difficult for some traders to predict its direction.
In this analysis, I have tried to predict the future path of COTI as much as possible with a quiet chart.
By checking the chart and wave counter, I realized that we are in a diamond diametric correction pattern.
On the chart, where it says "Start of correction" is the point where our diametric diamond started.
Looking at the branches, it looks like we are now in wave E of this diametric.
By hitting the green area, we expect the E wave of this diametric to end and we enter the rising F wave of this diametric.
Here is the path I envision for COTI on the current data, on the daily time frame.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
COTI Coin is considered a security by the SECRecently, the U.S. Securities and Exchange Commission (SEC) classified COTI (COTI Coin) as a security. This means that COTI, the native cryptocurrency of the COTI network, is now subject to securities regulations and requirements imposed by the SEC.
The decision to categorize COTI as a security by the SEC signifies that it is considered an investment contract, representing ownership or participation in the COTI project or platform. Consequently, COTI will need to comply with applicable securities laws, which may include registration, reporting, and other regulatory obligations.
This classification by the SEC highlights the increasing attention and oversight of cryptocurrencies, particularly those that possess features resembling traditional securities. Companies and individuals involved in the cryptocurrency industry must remain informed about regulatory developments and ensure compliance with relevant laws to operate within the bounds of the law.
My price target for COTI is the next strong support, $0.038.
Looking forward to read your opinion about it!
COTI formed bullish Shark for the next pumpHi dear friends, hope you are well and welcome to another new trade setup of COTI coin with US Dollar pair.
Our last successful trade of COTI was the below one, which was almost 60% pump:
Now on a 4-hr time frame, COTI has formed a bullish Shark for the next bullish reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
COTI Possible Playout Chart The price movement of COTI is predicted to experience a decline due to the update on treasuries by the COTI network, which will be implemented on August 1, 2023. The discontinuation of the staking multiplier feature is causing holders to sell their assets. Currently, COTI is potentially going to experience a decrease to $0.04 in the next 1-2 weeks, with an estimated percentage decrease of -12%. Therefore, it is advisable to wait and see for now. #DYOR (Do Your Own Research).
COTIusdtCOTI has broken out above the trendline and is bouncing in OB three times, indicating that it is respecting buyers from the area. This presents a second entry opportunity for potential gains. Best of luck! :P
COTI (Y23.P2.E1). Macro goldern fib. levelsHi Traders,
On this chart, it seems that we have the fib extension of 1.618 further down and we have the fib macro level of 0.618 on the weekly here if we include the wicks.
For now, I think the pattern also suggests both levels are relevant.
Averaging in here based on the weekly chart makes sense.
Regards,
S.SAri
another fib perspective
Exaggerated Bearish Divergence for COTI @ 15mins time frameExaggerated Bearish Divergence can be formed when there is Double top on Price and when Relative Strength Index(RSI) is making Lower Highs and forming a Descending Triangle Pattern. Took position on 0.04827, and put a stop loss slightly above 50ma.
COTIas we can see coti had taken bearish move but as per technical wait until it comes to the support then we can take a long, wait till it comes to the support.
COTIUSDTCOTIUSDT is in bullish trend there is no reversal sign here which means trend is going to continue.
We take trade at CMP. then our TP,s will hit soon.l
#COTI LONGlong coti as it is following the paattern and moving in range from last 3 weeks we can expect a good move from here add coti in the cart and wait.
#COTI long#COTI open a long position it will going to follow the pattern, hoping for a good move of around 10%.cheers follow for more.
COTIUSDT Profit-Taking of 120% with a Strong Buying Case💎#COTIUSDT has recently displayed promising price dynamics, indicating the formation of a potential bottom at the psychological support level of $0.0400. Subsequently, the price surged above the long-term demand level at $0.0500, transforming it into a significant support-turned-resistance zone. This price area has garnered substantial interest from buyers, making it a focal point of market attention.
💎 As long as the price remains above $0.0500, #COTI presents an exceptionally attractive buying opportunity with considerable growth potential and a favorable risk-to-reward ratio. The profit potential exceeds the associated risk, with the possibility of achieving a 120% increase above the current demand zone. It is important to note that a complete bullish invalidation would only occur if the price breaches the psychological support at $0.0400.
💎 However, when considering profit-taking strategies, it is crucial to be aware of two significant resistance areas. The first notable resistance lies at $0.09, which coincides with the 50% Fibonacci retracement level and the downtrend trendline. The second resistance zone is characterized by a double Fibonacci resistance, aligning with the long-term supply area.
💎 The MCP team is closely monitoring #COTI, prepared to take action at the opportune moment. To stay up-to-date with our actual trades and benefit from exclusive insights, we invite you to subscribe to our VIP channel. Stay informed and seize the potential, Paradisers!
COTI S&R in long term Technicaly Pattern>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
Based on the COTI chart's,
We still wating for break's short term supply and downtrend's midline channel's for prove can start short term upside rally price by short TP...
But show some positive movement's in shorter time frame,
that start short updide rally did not happen until now.
It's Not a financial advise.
PLZ DYOR
With hopping success>>>>>
✴️ COTI Major Bullish Setup (120%+ Easy Potential)COTI is coming out of new All-Time Low hit last month on June 10.
After this ATL we have higher lows and suddenly yesterday the biggest volume bar since January 2023, also one of the biggest daily buy volume in the history of this pair, this is a strong signal.
After seeing this new ATL we can say that all the sellers are satisfied, with the bearish over/complete, a new trend can now develop and that is up.
We are looking at weeks or even months of sustained growth.
Months, we are yet to see, but it is easy to see COTIUSDT grow for weeks.
Easy 100%+ potential and beyond .
"Beyond"... There will be more.
Namaste.
COTI Possibility Trade Setup>>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
Everything's We need marked on the chart.
PLZ follow market trend and set SL at first.
Short term important area's cleared for this setup.
It's Not a financial advise.
PLZ DYOR
With hopping success>>>>>>
