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Coti

Coti Hello Traders, Today’s analysis is on COTI. This coin has been hot in the past and I’m looking for a nice little play on this falling wedge idea you see here. One thing I have noticed often that will happen in a falling wedge (which is one of my favorite bullish consolidation reversal patterns) is that, the initial breakout of the pattern (this one technically the second as you see there was a fakeout breakout) generally will hit the .5 fib which is marked as target #1 & #2 only because I am not sure if the price will react to the .5 fib starting at the wick at the bottom or the recent price action, I’m betting it will hit #2. Anyways, my plan with these patterns generally is to buy the breakout, sell about 50%-75% of my position at the first 2 targets and then re-enter with my profit at the rebuy zone and ride the price action to the main target at .5863. Of course I will be watching this trade along the way as to assure my plan unfolds correctly. The furthest target #4 is based on the 1.618 fib. In all hopes that we do not experience anymore flash crash foolery, we should be having some green action here soon! If you enjoy my analysis, please leave me a like and a comment and tell me what you think! As always, below is a fundamental analysis and some information on where to find #COTI to purchase! Have a GREEN week folks! SAVVY ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FUNDAMENTAL ANALYSIS COTI Price Live Data The live COTI price today is $0.317124 USD with a 24-hour trading volume of $34,268,180 USD. We update our COTI to USD price in real-time. COTI is up 2.98% in the last 24 hours. The current CoinMarketCap ranking is #182, with a live market cap of $275,476,576 USD. It has a circulating supply of 868,672,118 COTI coins and a max. supply of 2,000,000,000 COTI coins. If you would like to know where to buy COTI, the top cryptocurrency exchanges for trading in COTI stock are currently Binance, Mandala Exchange, Huobi Global, Bybit, and KuCoin. You can find others listed on our crypto exchanges page. What Is COTI (COTI)? COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money. COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers. COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020. It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast. The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway. What Makes COTI Unique? The thing that makes COTI unique is COTI’s platform. This platform enables companies to effortlessly create advanced fintech products and save time, data and money. COTI pay can process every kind of payment type, both in terms of online payments as well as offline ones. This includes crypto and stablecoins, as well as credit cards and even native coins. It has built-in financing to boot, with interest earned on deposits and loans. This also connects with the white label payment network. Traditional payment systems simply cost both merchants and customers amounts up to billions of dollars on an annual basis. As such, the white label payment network is a global payment network for users and merchants that make transactions freely throughout a digital wallet, coin and much more. COTI is also the world’s first platform that is optimized for the creation of coins that are stable in price. As such, a user has the ability to issue their own stable coin and regain full control over both their money and their data. How Many COTI (COTI) Coins Are There in Circulation? COTI (COTI) has a maximum supply of 2,000,000,000 COTI coins. How Is the COTI Network Secured? COTI has an infrastructure that is based on the DAG protocol and their Trustchain algorithm. Above this infrastructure layer lies the services layer known as Coti X. Coti X offers KYC and compliance, interoperability exchange, buyer-seller protections and stability frameworks. Then you have the COTIPLAY layer, which offers externally developed stable coins, externally developed payment apps and much more. COTI uses a hash table as its data structure which is based on chaining. This means that the blockchain itself can secure the computing and privacy of customers. The COTI protocols have made the system a lot more secure for both buyers and sellers. As such, COTI has an ecosystem that provides robust cybersecurity measures around data integrity as well as confidentiality. The COTI wallet is based on the React Native Framework and provides cross-platform functionality and portability. The COTI wallet requires user credentials and is paired with 2FA login in order to establish a connection with the node manager. Once this is established, all communication requires the wallet’s seed. This means that all of the messages are validated and no spoofing or manipulation is possible within this system.
Long
by Savvythe1
2
COTIUSDT (COTI) : 10.DEC.2021 (HODL)Examining the #COTI , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) . COTI Price Live Data The live COTI price today is $0.329911 USD with a 24-hour trading volume of $38,689,732 USD. We update our COTI to USD price in real-time. COTI is down 0.09% in the last 24 hours. The current CoinMarketCap ranking is #181, with a live market cap of $286,584,785 USD. It has a circulating supply of 868,672,118 COTI coins and a max. supply of 2,000,000,000 COTI coins. 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.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
1
COTI LONG BULLISH DIVERGENCE + PENNANT!Recently Coti made a new ATH and has been testing the range of its previous ath due to a bearish divergence formed, however all is in place for continuation. Looking at the chart we can see a bullish divergence has sowly formed leaving room for more growth. Coupled with the bullish pennant, a breakout will lead us to new All-time Highs. Enter with a stop below support and target first resistance(Green). You could extend targets to its aths if you wish.
Long
by RektMyMom
COTI 1D Chart - 30%+ drop possibleCOTI on a 1D chart is looking like it is moving within an upward channel and we may be ready to see the price drop to get to the bottom of the channel. The price may have a 30%+ drop (assuming it gets to the 0.382 fib level) before moving upwards in the channel. Keep an eye on the RSI as well. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for recent Altcoin, Bitcoin and Stock Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Short
by MillionaireEconomics
COTI/BTC inverted H&SConfirmed Inverted Head and Shoulders, while target hasn't been reached yet, and COTI just got back down to the neckline (white) and strong support zone 990-880sats. I will be buying the touch of yellow uptrendline around 880sats. Target 1670sats. Invalidation 694sats. RRR 4 Check my previous COTI/BTC idea down below: Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
2
COTI 1D - Possible Big Move DownwardsHello friends, today I am completing a technical analysis on the 1D linear scale chart for Coti (COTI), a cryptocurrency altcoin. In the chart I noted: 1) COTI price recently formed a Double Top and it broke down from the bottom of that trendline. The measured move of the Double Top Formation Pattern is going to bring the price to $0.25, which is a 38-40% price drop. 2) When reviewing the Fibonacci Retracement, that price drop level falls in the 0.618 zone, which is also a major support zone dating back to March 2021. This may be where the price bottoms out and starts to move back up. 3) I took the last three Double Top Formations and saw the price correct significantly. Assuming the price does drop down to the $0.25, that would be a 61% drop from the top of all time high price. 4) The RSI (relative strength index) has also not reached the oversold region yet as it has done in the past three Double Top Formations. I assume we will see the price go lower and completing a double or triple bottom before we see the price moving back up. 5) Interesting, the Volume has picked up over the past few months so there are buyers and sellers for COTI. 6) This idea would become invalidated if we move above the trendline at $0.44 for more than a 1D period. Stay a bit cautious on this one as history doesn't generally repeat, but surely rhymes. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics