Day trade - COTI showing interesting trendsHello trading friends,
This is a small trend view for COTI, which could show coming time interesting trends.
There is not always a reason to enter markets directly, this is a view to check for possible setups.
- we will see coming time with a time frame or this coin will get a confirmation for further uptrend.
Have a great day.
Coti-btc
COTIBTC: Buy setup above the resistanceHello my dear friend!
" 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." source CMC
COTI - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
COTI is overall bullish and now retesting our blue and orange trendlines so we will be looking for buy setups.
on M30: COTI formed a valid trendline 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 previous high in gray to buy.
Meanwhile, until the buy is activated, COTI would be overall bearish can still trade lower till the orange/blue trendlines before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
COTI Analysis (LONG)Feeling super bullish on COTI atm, coming out of a red sunday having support on R/S flipped resistance and looking to breakout the triangle with Fibonacci at the 0.382 mark.
I've been watching COTI for quite some time now and its always been hovering close to the R/S line and only broke out after the COTI listing news on Coinbase. This retracement will not go down to the 0.236 range so with everything being pretty much aligned I'm excited for this trade.
Do you feel otherwise? Do you feel the same? Let me know what you think!
Thanks for reading :)
Chart: /VuU69qUP
(I cant post links sorry haha)
COTI is looking great with BTC pair too !COTI / BTC
Its chart is great with BTC pair too
–Holding trendsupport
–possible small breakout detected ..
My members bought it in 150-160 sats early and already hit TP1 and heading for TP2
for short term traders thats good but for long term i still believe it still has much room for growth
i did an analysis for this coin with USDT pair few days ago you can see here 👇
Its in profit in both pairs now
🚨 Not a signal to buy from current prices we just reading chart and moving our stops
Best wishes 🙏
COTI/USDT (wait for trendline breakout)COTI/USDT
C&H pattern spotted
Green zone strong support rebounced price multiple times (retested again in last drop)
Buy ONLY after breakout of trendline resistance or after successful retest (more safe entery)
stoploss will be candel closing below again
Best wishes