buy cotiI see coti breakout then based on good support
great scalping opportunity
T1 0.48
T2 0.55
T3 0.63
Good Luck.
(please trade at your own risk)
COTIUSDT.P trade ideas
#COTIUSDTIt is located in a very important area.
Current support: 0.410
Next Support: 0.385
Resistance 1: 0.471
Resistance 2: 0.560
Resistance 3: 0.673
I think good support
#cotiusdt Can climb this area#cotiusdt Located in a good support area. If the candle confirms and breaks the descending channel can see the targets. (This is a personal opinion)
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
Coti Market Updatebroken ATH besides settling on the channel mid-line, I hope to see this at the target
Coti getting to 1 dollar is possibleCoti apparently has an inverted shoulder head shoulder figure, he broke the figure with volume and is making a pullback to the break, if the body of the candle remains above the neck line, it is expected to reach 80 ctvs. and if there is a good impulse you can spend 1 dollar. BINANCE:COTIUSDT BINANCE:COTIUSDT
COTI USDT ShortHello everyone,
I am sharing my analysis to have your comments and improve my trading technique.
Here on the daily chart I think the support of 0.4810 has been broken and retested so I will go for a short sell.
Please let me know what you think.
cotiCOTI going to breakout and pump
macd about to get bullish
you can buy after cross up and rsi > 50
COTIDAILY
new furmula for find target in long positions
i think this furmula work for any crypto.of course,only work in up trends and long positions.
i am working on completing this furmula, of course the target pointshave been found very well so far
this furmula is found with the following combination
ret+app+and fibo serie
COTI4 hours ago
new furmula for find target in long positions
i think this furmula work for any crypto.of course,only work in up trends and long positions.
i am working on completing this furmula, of course the target pointshave been found very well so far
this furmula is found with the following combination
ret+app+and fibo serie
Coti Long PositionThis chart is intriguing to me - I see opportunity from every angle.
Trade wisely.
-HoodChef xx
Swing itis this a good idea to do swing trading here?
i cant post this way coz this very brief they said
COTI. Room for upside?Chartwise COTI looks reasonable. Price is respecting the ascending supportline, despite the market correction yesterday. As long as RSI can stay up/above 50 it looks like price can move upwards pretty easy. Only thing that concerns me is the A/D divergence from price. This indicates COTI is (heavily) distributed which can indicate price is held down (artificially). As long as distribution remains elevated, i expect price to remain suppressed.
COTI - Will History Repeat Itself?Hello TradingView family, this is Richard.
I find COTI chart interesting.
I have been holding/following this one for a year now and noticed that lately COTI is respecting the inverse head and shoulders pattern well lately.
We are no doubt overall bullish trading inside the two blue trendlines forming a rising broadening wedge.
Previously COTI approaches the lower bound / blue trendline, formed an inverse head and shoulders pattern, and traded higher. This happened twice!
Are we going to see it happening a third time?
We are waiting for the right shoulder to form, then buy on the gray neckline break upward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Coti trade IdeaThis is the most likely senario for coti to behave if btc behaved as well. Targets and SL are mentioned.
$COTITrend following trade -- EMA50 acting as support
COTI market cap is only around 500M, rank 157 in coinmarketcap.com
Cup and handle formation with projection at around 1.2, but check the fib extension levels as well for take profit areas.
🔥 COTI / USD — COTI Trading 🔥 November 10World demand on digital currency is increasing and by the next 10-20 years, all fiat currency will be digital.
COTI is the first platform designed specifically for the development of stablecoins.
I think COTI might be in the lead in developing of stablecoins during next couple of years, so project value will increase.
Share your vision about this project and possible price behaviour in the comments below
Brief idea on the price prediction of COTI's next leg up This is not promoting opening a long or short position in COTI. I do not advise trading any assets. You should research more technicals and fundamentals to dictate an investment or take this point of view as entertainment or an educational idea.
I speculate COTI will repeat the parabolic gains experienced in early 2021 where the 1 is positioned. The following speculates a repeat of the price as the graph is a direct 1:1 scale pasted to where the price is currently in its position in time. COTI has had a long accumulation and taking into consideration of the current market these gains are not impossible. The pasted price movement also follows the key FIB levels.
This movement correlates to the narrative of crypto in December hitting its highs. I personally believe crypto will find its to during December as the quarter comes into a change the market will experience a sell-off followed by more parabolic gains when high fear is widespread but this is off the topic COTI.
COTIUSDTPREP 4H BUY SETUPFinally COTI is formed CUP and HANDLE pattern and it breaks out finally. And it also maintain the big yellow trendline. Easily 30% profit from here,
BUY SETUP:
BUY: 0.54-0.55
SEL:
Target 1: 0.56
Target 2: 0.58
Target 3: 0.62
Target 4: 0.65+
STOP LOSS: 0.527
Enjoy and like and comment it.
$COTI TO $1 SOON!!!!!!!!With a good understanding of its use case and a market cap under $600M. Coti's potentials have been undermined. It has formed the Cup and handle bullish continuation pattern with over 46% in view. it's riding to break and retest resistance while on the bulls to $1+.
My view what's yours?.... NFA and DYOR📍
$COTI Buying Zone ! COTI is in very good buying zone if BTC doesnt play dirty we can see a beautifull breakout soon !
COTI - NEW ATH? 1,2$ SOON!A lot of coins have established new ATHs at this point. And COTI is prepared for that, too.
After 3 times being rejected at the strong resistance line.
This time COTI formed a head and shoulders pattern in preparation for the breakout.
Target:
TP1: 0.77
TP2: 0.87
TP3: 1.2
TP4: Update later :)
