Coti
COTIUSDTWhat's up guys!
This is a nice one as price has respected the support multiple times and currently breaks through the trend line on the daily timeframe
There is also a presence of the MACD Divergence, I. will be more conservative as I am observing for buy setups after my trigger, what do you guys feel ?
COTI USDT H4My View about COTI
1. COTI is moving in bullish uptrend
2. COTI forming falling wedge
3. New resistence became a new support and now coti is at the new support
4. Also, MACD have a potential for making bullish divergence
My target for COTI is in 0.6xxx (flexible) you can entry if u want. When the price already breakout the falling wedge, you can entry and manage your own Money Management. Hope COTI become a profit
cheers,
-NFA-
Coti AnalysisCoti maintain its support level 0.4681$ and forming a descending triangle pattern .
Coti have 2 minor support level and 1 major support level . if btc sudden dump then alts will bleed more and you can get a chance to accumulate some .
Coti working on payment platform system and havin g mainnet 2.0 on 30 Nov ,So we can easly see spike in price .
From my analysis i can see COTI will break ATH soon 0.6783 ,0.81,1.0438$
COTI : falling wedge and Resistances!Hi every one
COTI / TETHERUS
COTI/USDT is in a Falling wedge now! this pattern is bullish of Course but It's Gonna Decrease the Price for now (as long as the break out Does not happen.). there is a Good chance for Break out to happen and the Price should start to increase whenever It's gonna Happen.The First resistance is at 4$ and the second on is top of the wedge pattern which is around 5$!
summery:
-COTI is in a Falling wedge pattern.
-Whenever a Break out happens we can expect bullish Movements!
-Resistances are at 4 and 6 $.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
COTI - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
COTI is overall bullish so we will be looking for buy setups on lower timeframes.
on H4: COTI is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, COTI would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
COTI / USDT Might go into $10, Wave analysis.Coti aims to create a "finance on the blockchain" ecosystem to address traditional finance's problems, such as excessive fees, latency, and lack of global scale.
Coti accomplishes this by introducing a new sort of DAG-based blockchain architecture that uses the Proof of Trust consensus method.
The multiDAG structure of Coti allows independent DAG clusters to be combined into the larger Coti network. This enables businesses to use the Coti network to create their own tokens (such as stablecoins).
COTI's price appears to be bullish, as it is currently trading near the resistance of the (1)-wave, and we could see a significant rally for this company. This analysis should be correct if the Bitcoin price remains bullish, but things can change quickly. So be cautious and take a low-risk position.
COTIUSDT trade active entry after crossing the rangeCOTIUSDT trade has crossed range and enter in our predicted point to hit our first-initial target. So far prediction is running successfully. Trade first target will be $1.19 and second final target will be $3.5 level with growth 8X.
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