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Coti

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.
Long
by TribeWriter666
10
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!
Long
by KVN7
1
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.
Long
by Skyrexio
2
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
Long
by TheSignalyst
20
$COTI/BTC 1D (Binance Spot) Falling wedge breakoutCurrency Of The Internet has broken-out bullish and looks good for continuation, maybe after a 50MA retest! Current Price= 0.00000740 Buy Entry= 0.00000708 - 0.00000666 Take Profit= 0.00000910 | 0.00001212 | 0.00001681 Stop Loss= 0.00000538 Risk/Reward= 1:1.5 | 1:3.52 | 1:6.67 Expected Profit= +32.46% | +76.42% | +144.69% Possible Loss= -21.69% Fib. Retracement= 0.786 | 1.272 | 2 Margin Leverage= 1x Estimated Gain-time= 2.5 months
Long
by TradingOn