COTI Analyze (Road Map)!!!🗺️First, I tried to find an exchange that has more data or candles for COTI. The KuCoin Exchange was one of the first exchanges that launched COTI (03 Jun 2019).
What is the COTI❗️❓
COTI stands for Currency of The Internet with the aim of creating a decentralized and scalable payment network to facilitate efficient global trade. COTI wants to create a new decentralized, high-reliability, cost-effective payment method by combining distributed ledger technology and traditional payment methods.
The COTI Network is designed to develop a new generation of online payments. The COTI network management team claims that the network's high adaptability to consumers and businesses speeds up transactions across different parts of the world. COTI network with a goal such as building trust and transparency, increasing decentralization and efficiency, reducing transaction costs, making it easier to sell products, and support for Fiat and digital currencies provides a platform that is the easiest and most consistent payment method in the industry.
COTI Analyze ( COTIUSDT ) Timeframe Weekly⏰ (Log Scale)
COTI has started its main Journey at 0.0052$. It was able to run in an Ascending Channel and passed its Impulse wave with Extended 3rd at 0.645$. For now, COTI is running in Main wave 4 and I tried to show the end of the Main wave 4 in my chart.
Where can be the end of Main wave 4❗️❓
🎯Target 1🎯: 0.23$ until 0.21$ on the bottom of the ascending channel (More possible).
🎯Target 2🎯: 0.13$ until 0.08$ (Heavy Support Zone + TRZ (Time Reversal Zone)).
When we can verify the end of Main wave 4, then we can talk about New ATH (All Time High).
🔴Resistance Zone🔴 & 🟢Support Zone🟢 that we have in front of COTI.
🔴Resistance zone on COTI's way:
🔴Resistance zone: Simple Moving Average (SMA) 50 + 100 + 200 at Daily Timeframe.
🔴Resistance zone: 0.48$ until 0.42$.
🔴Resistance zone: 0.76$ until 0.66 (Heavy Resistance zone).
🔴Resistance zone: 1.64$ until 1.32$.
🟢Support zone on COTI's way:
🟢Support zone: 0.3$ until 0.2$.
🟢Support zone: 0.13 until 0.08$ (Heavy Support zone).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Btcust
BTC-UST price divergence on OBV and PVTThere is a clear price divergence in the recent period for BTC-US Terra stable coin. Volume appears to be buying BTC with UST and it is maintaining volume over time. This divergence indicates a likely BULLISH Reversal in BTC for the near term, possible to see recovery as soon as February
BTC Supply and Demand AreasJust tracking supply and demand and revealing my current opinions on what the extremes are. IMO $20-34k BTC might actually happen unfortunately, but I'd say that's 15% likely.. Another scenario 20% likely: a big short squeeze to bring us to 60-70k; and 65% likely: we range between 40k - 60k for a long time
💡#i31: GlassNode BTC Avg. #️HASHRATE Daily's👨🏻🔧🎇🧵Blazing into fresh grounds 🔥
Bitcoin Average Est. Hashes P/Sec
*Note* Current diverging strength 💪🏼
of the #HashRate as compared to
Softer BTC/Crypto Price action.
Detailed Variants of Idea Chart Below :
GLASSNODE:XTVCBTC_HASHRATE
COINBASE:BTCUSD
BINANCE:BTCBUSD
BINANCE:BTCUSDT
BITFINEX:BTCUST
FOREXCOM:BTCAUD
CRYPTOCAP:BTC
BTC DROP TO 40K OR LOWER BEFORE BLASTHey guys. I don't mean to sound ONLY BEARISH lately but Its just what I see and I am trying to give you all a heads up!
I don't think BTC has the strength at the moment to get above the 49-50K area. I think a drop lower IS MORE LIKELY than blasting above 50K.
For a blast to happen we would need to see a nice increase in volume and I just don't think we're there yet.
So the levels I'm looking for a bounce at are the 43K level, and if that breaks I'm looking at the 38K-41K levels!
IF BTC can close a 4HR candle ABOVE 49,500 then I'd say this IDEA is no longer VALID.
JUST BE CAREFUL! I know A LOT OF PEOPLE are invested in altcoins right now SO ITS EASY TO FORGET ABOUT WATCHING BTC CHART.
BTCBitcoin has gone from 29,000 to 42,000, adding 48% without any significant correction.
At the moment, a head and shoulders pattern has formed, which may well indicate the desire of sellers to push the instrument to the price of 36,000, the control point is 34,000. Decrease and holding below 34,000, again will speak of a globally short trend and the cancellation of the long idea.
I'm waiting for a rebound or a false breakout from 36.000 and 34.000
Bitcoin (BTC) • Sell pressure strong despite significant demand We failed to regain 36k. 😩
No reason to be bullish here despite the ongoing evidence of accumulation going on.
Orderbooks on Coinbase and Binance certainly look very strong but so is the incoming sell pressure. This selling might be related with recent shutdown and cracking down on mining facilities in China. Hey, this is just speculation but the trend is your friend at the end of the day.
Daily and Weekly Trends petty bearish at the moment but we still have a few support ranges just under us with a major one at 28k.
Let's take a second look following my previous video.
BTC DOMINANCE @ STRONG SUPPORT NOW !!!HELLO TRADERS WATCH CHART AND EARN UR BIGGEST PROFITS IN CRYPTO MARKETS WITH A VERY LOW RISK
What does Bitcoin dominance mean?
Therefore, the Bitcoin dominance is described as the ratio between the market cap of Bitcoin to the rest of the cryptocurrency markets. ... For many years,
while Bitcoin was far and away the largest cryptocurrency - and one of the few in existence - its dominance was much closer to 100% than it is today.
Currently Bitcoin (BTC) dominance, or the ratio of the largest cryptocurrency's value to the overall market capitalization of digital assets, slipped below 50% for the first time since 2018,
according to the data sites CoinMarketCap and CoinGecko. ... Ether's share of the market capitalization is about 14%.
And technically it show a strong support zone here with a very great risk reward and ratio have look on my previous posted btcusd analysis hope so it will help alote to understand
Market are over sold conditions now and we cannot miss this technically + fundamentally moves coming soon in market with big boys get in ... buy and hold this year its to Mars :))
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Bitcoin Ready For 1 More Push??Bitcoin is at an interesting inflection point that at first glance would seem we may dro lower, which is very possible. However, looking closely at the daily chart, we see the indicators are signaling hidden signs of strength that "might" push the price higher 1 more time before we see another large correction. The RSI is signaling a potential reversal signal via the hidden bullish divergence. BTC is still holding the uptrend line making higher lows, all while making lower lows on the indicators. This may be a good indication that the price could test higher once again.
#BTC update [May, 18th] Bitcoin in no-trade zoneBTCUSD
I've tend to bullish from 8,900 with 8,400 being a support from previous breakout. There's higher lows and nice bounce from ichi clouds on multiple time frames. However, once we get above 10,000 again and hold that is the level to break to confirm bullish trend in the long term in my opinion.
A break below 9,000, which acts as support and then a final break below 8,400 (important support) would confirm the bearish perspective imo.
Bitcoin in 'no-trade zone' - No leaning bullish nor bearish, wait for a break of either side, and trade accordingly.
This current trading zone is allowing some alts to make some moves until one or the other happens.
Rising Wedge on Short TermHello all!
I can see a rising wedge starting from March 16 after the big dump on March 12-13. So we can predict a dump again at the end of the rising wedge to the area I draw between 5600 and 5100.
Please be aware that it's just a TA, not investment advice.
Wish you the best!
PS: I hope you are healthy and safe at your home. Stay strong, we are together in this!
Bitcoin current status - Near to breakCurrently in the one hour chart bitcoin has a bullish flag but showing a bearish divergency in the RSI and MACD.
If BTC breaks the 9900 next target will be in the 10500.
Actuamente en el gráfico de una hora BTC muestra un banderín alcista pero presenta una divergencia bajista en RSI y MACD.
Si BTC rompe los 9900 el siguiente objetivo está en los 10500.