Coti
COTIUSDTCOTIUSDT(1H CHART) Technical Analysis Update
Channel Breakout
COTI/USDT currently trading at $0.390
Buy-level: $0.380 - $0.390
Stop loss: Below $0.355
Target 1: $0.415
Target 2: $0.430
Target 3: $0.449
Target 4: $0.475
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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COTI Big News Coming, Breakout will lead to new all-time highCOTI is forming a symmetric triangle and on the edge of a breakout. COTI is the same project as PayPal/Alipay but with blockchain power and minimum fee. There is a lot of developments and partnerships going on. The COTI team is working on the adoption of the COTI pay. COTI has very big news coming in second-quarter incldu\ing the mainnet launch, debit cards, and iOS app launch.
Buy Zone: $0.35 - $0.365
Target: $0.395 - $0.443 - $0.496 - $0.557 - $0.612 - $0.673 - $0.736 - $0.798 - $0.88 - $0.974
COTI Looks very promising in the short term.There has been a decent amount of announcements related to COTI in the last few days. On top of that, the current price can be considered as a discount (courtesy of the recent behavior of bitcoin). Based on simple Fibonacci retracement we get the first target of 0.6 (previous peak), and the next one at 0.8-0.9 (with 0.9 probably being the psychological maximum before a slight correction). For me COTI is a relatively safe bet. However, the fluctuations in the price of bitcoin may as well ruin this picture, or at least prolong the process a little bit. Thus, please trade with caution.
TLDR; COTI looks good and will most likely hit 0.8 soon; given that BitCoin doesn't decide to take a dip.
This is not financial advice.
p.s. COTI has a very low market cap of only 263mil, giving it insane amount of room to grow.
COTI/USDT : Pulled back from support zone | 280% Expected gain BINANCE:COTIUSDT
Hello everyone 😃
COTI had a breakout from it's ascending channel on daily chart at 3rd March.
After that it had a rejection of it's higher trendline !
Now, It's pulled back from a stiff support zone and broke the bearish trendline...
It's above bearish trendline and MACD had a bullish crossover.
COTI is extremely bullish; I will add hold a big bag of it with entries !
1st is after a breakout on MA50 and the 2nd one will be after a retest on channel's higher line or MA100.
It's expected to have a retest on higher trendline with possible 200% growth.
📌 MA100 is a good support for movement but MA50 is trying to reject;
However most of signs are extremely bullish, So there might be a retest on MA100 before breakout..
🔴 Have to mention that BTC is not stable yet; So risk management is highly recommended !
Hope you enjoyed our analysis about COTI's extreme growth🙌
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
COTI - Buy Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow.
COTI is sitting around a demand area in green, we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
on H4: COTI is forming an inverse head and shoulders pattern, but it is not valid yet, so we will be waiting for the right shoulder to form. (projection in purple)
Trigger => Waiting for the right shoulder to form then buy on the neckline break upward (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