Coti
COTI up for some gainsCOTI has been consolidating after the last rally and it held the first support so far. Momentum is going for oversold territory.
I'm expecting COTI to pick up some volume and make a move towards the targets marked in the chart which is above 50%.
Stop would be placed around 0.40 to avoid the wicks in case big boy BTC makes a move which gives a RR > 2 for the first target and that makes this trade worth it. Position size should be minimal and may be increased if entering at a better price around 0.45
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 and now approaching the lower blue trendline so we will be looking for buy setups on lower timeframes.
on DAILY: 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.
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 inside the green support.
Good luck!
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~Rich
COTIUSDT Daily TA : 02.10.22 $COTIAll the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section .
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COTI Signal for HODL : 02.03.22 $COTIAll the important levels of support and resistance are marked on the chart. In this analysis, we will identify good entry points for you so that you can buy in these ranges when the market falls further .
📊 First Entry Point : $ 0.23 - 0.25 (Range)
📊 Second Entry Point : $ 0.09 - 0.12 (Range)
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 03.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COTICOTI cruising within an hourly ascending channel, with some heavy swings (+10%).
I believe it'll stay this course until an apex with the Daily descending channel, at which point I'll make an assessment.
Couple targets for the near term.
Target #1 = 0.33048
Target #2 = 0.33619
It is possible for COTI to dip into hourly Support channel. I'd like to see it pick up some volume.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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BINANCE:COTIUSDT
BYBIT:COTIUSDT
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Day trade - COTI showing interesting trendsHello trading friends,
This is a small trend view for COTI, which could show coming time interesting trends.
There is not always a reason to enter markets directly, this is a view to check for possible setups.
- we will see coming time with a time frame or this coin will get a confirmation for further uptrend.
Have a great day.
Coti can start a big move from this supportBig up channel:
On a weekly time frame, Coti is moving in a long-term up channel.
Every time Coti reaches the support it breaks out the resistance and starts a big move.
The Stochastic on the weekly time frame is extremely oversold and every time stochastic enters the oversold zone while the priceline hits the support Coti starts massive move at least up to the resistance of the channel.
This time we can expect such a move again.
There is also 100 weekly simple moving average support below the channel's support.