COTIUSDT trade ideas
🆓COTI (COTI) July-25 #COTI $COTICOTI is hesitating after conquering the $0.11 zone, but with its strong buying power in the past 2 days, it will continue to move towards the $0.14 and $0.18 zones in the next few days. But if it loses 0.11$ zone again it will fall to 0.09$ zone or even deeper
📈BUY
🔴Buy : 0.107-0.113$. SL if B
🔴Buy : 0.137-0.143$ if A. SL if B
📉SELL
🔴Sell : 0.137-0.143$. SL if A
🔴Sell : 0.176-0.184$. SL if A
♻️BACK-UP
🔵Sell : 0.107-0.113$ if B. SL if A
🔵Buy : 0.088-0.092$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
COTIUSD very nice EW Wave 1 and wave 4 daily closes didn't overlap, this pair seems to follow EW pretty well. If BTC found bottom, that could be the case, but please bear in mind that it is heavily dependent on Bitcoin's behaviour.
COTI 2 important areasCOTI / USDT
Price can start rise again from 2 areas :
First area : current area in which price is forming falling wedge on support
Second area : from uptrendine below (yellow line)
These points will be areas of interest for bulls
If you want to take postion on any of them make sure you follow risk management
Note : If you want to buy from 2nd area dont buy blindly as we can see sl hunt before go up ..wait for bulls reaction first
Best of luck
COTI + 550%, 1:10 R:R, Looking BullishI've been hearing about COTI for a fair while now but my focus has been elsewhere. Now that I take a closer look, I wish I had paid attention sooner! If you are bullish on the Cardano ecosystem, this might be one to look into as they seem to have some close ties to ADA. COTI has had an amazing run since the COVID lows achieving a 20x but it looks like there could still be some gas left in the tank.
Key points:
Appears to be in the 3rd wave of the Elliott count
Large drawdown of 51% to invalidation so position sizing is important
Upside to 3rd wave target is 550% giving an excellent Risk:Reward of 1:10
3rd wave target $1.34
4th wave entry $0.30
5th wave target $3.23
Invalidation at $0.098
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
COTI Moon MissionCOTI is a fundamentally strong coin that is currently 79% down from its ATH. Being a part of Cardano's Critical Infrastructure, COTI aims to be the payment system for the unbanked. With ADA Pay integration with Wolfram's NFT, incoming bank accounts, and since the token's generated within Cardano would have the same properties as ADA, it's not only ADA Pay that is possible.
FYI, COTI is typically correlated with ADA, and ADA recovers pretty fast as soon as the bull market starts.
DYOR. Chill and accumulate. Goodluck!
COTIUSDT Small AnalysisHello, traders!
Most of us asked me today to analyze Coti. Here you are. I hope you’ll enjoy my thoughts. Well, have a look at the chart.
As you can see both on daily and weekly chart price is at the end of the cycle. That’s why it’s a good opportunity to earn some money. As we see on the daily chart, price is near the weekly pivot and the triangle will be broken up soon. I’m completely sure that it’ll go up with high probability of blowing up. I mean it, guys. The most pretty nice info the weekly chart gives. The previous price action looks like the first part of Elliott cycle. If it’s true, but I’m sure it is, it’ll blow very soon. So, I plotted the long opportunity on the chart.
I hope, you are making your own analysis besides using my. I remember you, that it’s deadly important to get huge profits and boost your own trading skills. That’s why, don’t just follow my thoughts blindly. Analyze, think, and will gain success. Have a profitable day, traders!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Reversal PointHave a good trading week, folks🔥
There is an analysis update of COTI/USDT crypto pair.
It seems like falling wedge formation.
There was a strong bearish sentiment.
According to Elliott Waves theory all the waves are done and now price is heading to the breakout.
So follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
COTI supportCOTI is getting close to this long term trend support.
From what I gather, one of crypto's more fundamentally sound project already turning several million worth of transactions.
Simple chart though. Hold that trend line please.
COTI - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
COTI is sitting around strong daily demand in green so we will be looking for buy setups.
on H4: COTI formed a valid channel in red but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the last swing high (in gray) to buy.
We have two possible scenarios here, highlighted by the two projections in orange or purple. and the orange projection would result in a stronger setup.
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
COTIUSDT Scalp tradeHello traders!
This is a Cotiusdt Buy trade. Take profit is at 5% gain and stop loss is -3%.
Collect some profit when trade is in 3% profit.
Never trade above 7x leverage
Don't forget to hit the like button and follow to stay connected.
COTI - Detailed Video Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for COTI, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
coti long in 1 hr time framewell, i think that was our bottom. buy stop at market and second one on given entry.
Elliott wave analysis on COTII saw this idea on Twitter yesterday and had to share, because it was not published on Tradingview.
This analysis is made by Gert van Lagen. So all credits to him!
A great perspective for COTI in the long term.
0-I: 1st impulse wave (12345)
I-II: 1st correction wave (ABC)
II-III: 2nd impulse wave (12345)
III-IV: 2nd correction wave (ABC)
IV-V: To be (3rd impulse wave)
Targets IV-V in 2021:
+ 1.6$ @ 1.618 exp. fib.
+ 3.0$ @ 2 exp. fib.
