#COTI/USDT#COTI
The price is moving in a bearish channel on a 4-hour frame and we have a support area in green at the 0.1700 level.
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the channel
The RSI indicator has a downtrend that is about to break higher
Entry price is 0.200
The first target is 0.2200
The second target is 0.2682
The third goal is 0.3338
Coti-usdt
COTIUSDT.1DBased on the provided market data, the COTI/USDT pair is currently trading at 0.088 USDT.
On the 4-hour chart, the Relative Strength Index (RSI) is at 59.60, indicating a near neutral market. The Moving Average Convergence Divergence (MACD) is positive at 0.0080, suggesting a bullish trend. The Bollinger Bands (BB) are at 0.10, indicating a moderate level of price volatility. In terms of support and resistance levels, the first, second, and third support levels are at 0.081, 0.065, and 0.057 respectively, while the resistance levels are at 0.096, 0.10, and 0.1154 respectively.
On the daily chart, the RSI is relatively high at 71.46, which indicates overbought conditions and potential for a price pullback. The MACD is also positive at 0.0060, suggesting a continued bullish trend. The BB is at 0.10, indicating a moderate level of price volatility. The support levels are at 0.066, 0.054, and 0.044, while the resistance levels are at 0.12, 0.13, and 0.15.
On the 7-day chart, the RSI is also high at 70.14, indicating overbought conditions. The MACD is positive at 0.0038, suggesting a bullish trend. The BB is at 0.11, indicating a moderate level of price volatility. The support levels are at 0.054, 0.035, and 0.025, while the resistance levels are at 0.11, 0.128, and 0.135.
In summary, the COTI/USDT pair appears to be in a bullish trend across different time frames. However, the high RSI on the daily and 7-day charts suggests that the pair may be overbought, which could lead to a price correction in the near term. Therefore, potential investors may want to wait for a better entry point. As always, it's important to consider other factors and conduct a comprehensive analysis before making any investment decisions.
COTIUSDT - potential set up for new upward trend. COTI currently finds itself in a falling triangle which you would assume would mean once broken a move to the downside, there is also evidence of bullish divergence which cannot be ignored. i would expect the descending triangle to play out and if the key resistance level marked in red will hold i would expect a push to a new all time high.
Please let me know your thoughts, goof or bad in the comments below.
happy trading
peace
GT
🔥 COTI Bullish Triangle FormingCOTI has been one of the biggest gainers of the last 10 days, seeing over 130% returns during that period.
At the moment, it seems that $0.665 is the top. That being said, the price is making higher lows at the same time, forming this bullish triangle.
Assuming BTC won't dump too much, I'm expecting COTI to follow this triangle pattern in the near future. Main target at $0.7, second target at $0.75.
Happy trading!
COTI / USDTCOTI / USDT: Technically, we are still in the downtrend here.
Coti just had some positive news, and looks like the project is developing pretty fast: with the debit cards, partnership with Cardano (ADA Pay) and so on.
However, after the previous massive move, correction is still in place.
We need to make sure we have really broken out of the trendline and the down trend is over.
Fundamentally, I think this project has good potential, medium market cap and nice partnerships on the horizon.
Happy trading everyone! And please, always dyor :)
🔥 COTI Symmetrical Triangle Break-OutOver the last 2 weeks COTI has seen some very decent gains. During this time, a symmetrical triangle has emerged as a pattern for us to trade.
Seeing that the FED has kept the interest rates the same, the crypto market is most likely in for another short term bullish push upward.
Happy trading!
COTIUSDTHello to you all. Mars Signals team wishes you high profits at all times.
While there are good news about this token by being listed on Binance futures, we expect the price to go higher and hit TP1 and higher prices in the coming days.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 COTI Rebound: Added To Binance FuturesLast night COTI announced that they will be added to Binance futures with leverage up to 25x. This trade expands on this fact.
First of all, there's the minor sell-off that happened last night. As of now, it seems that both BTC and the rest of the crypto's are rebounding and going back up. COTI seems like a proper candidate for strong gains since investors can finally make big short term bets by using leverage. Leverage increases the intensity of both bullish and bearish moves. Since the outlook is bullish, I'm expecting great things!
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.
Happy trading!
🔥 COTI Reversal From Channel ResistanceCOTI has been following this channel since it's inception on Binance late Feb'20. At the moment, COTI is seeing some consolidation around the top of the channel. With Bitcoin in peril, COTI is a prime candidate for a potential correction in the near future.
Before entering this trade wait for the price to close below the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing highs/lows. Do your own due diligence.
Happy trading!
Coti - Next Unicorn? 🦄 I am blessed to have direct access to the guru of all crypto gurus, my friend 3v@ng3l.o$
(He is actually just a lovely friend with experience in the stock markets and a passion for new blockchain technologies)
Lat time we met, a few months ago, he asked me to look at Enjin coin . I snoozed😴 and missed out 😭🧅💧
Since then I had been waiting for him to give me the next 'Unicorn'. The next favorite between a million horses (coins) that has potential to fly.
'Take a look at Coti' he said...
By definition the first thing I did was to look at the chart.
I liked it, technically. Nice support at previous resistance, clearly a bullish momentum, promising stuff - chart exams passed.✔️
Then a Google search:
1. COTI is the first enterprise-grade fintech platform that empowers organizations to build their own payment solution and digitize any currency to save time and money. Sounds good, i like it✔️
2. Made in Israel. Ok, so the programmers eat humus, rest on Friday and work during my weekends. This test passed ✔️
3. COTI has released a Crypto Volatility Index enabling traders to profit by opening positions in anticipation of high fluctuations or provide liquidity.
Cool idea, give them another point✔️
4. Coti, Currency of the Internet ✔️ nice slogan, give another point.
ps, not investing any crazy money in it, Just putting it on my list for now.
You see, I don't really believe in Unicorns- I prefer to be after steady, controlled growth, things I undersatand and I know. I am what you would call an 'Early Follower' and I will keep it that way.
🔥 COTI All Time High Break OutCOTI has given us a new All Time High today, marking a new record for this coin.
Today was one of the strongest days for COTI in a while, seeing more than 30% gains. So, not only got the previous all time high's resistance beaten, it got obliterated by a massive inflow of bullish volatility. A move like this often signals a big future movement.
On the chart I’ve marked two potential areas of support/resistance, R1 and R2. These areas are based on round numbers, $0.125 and $0.15 respectively. Do your own due diligence.
Happy trading!