Coti
COTIUSDTCOTIUSDT(1H CHART) Technical Analysis Update
Channel Breakout
COTI/USDT currently trading at $0.390
Buy-level: $0.380 - $0.390
Stop loss: Below $0.355
Target 1: $0.415
Target 2: $0.430
Target 3: $0.449
Target 4: $0.475
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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COTI Big News Coming, Breakout will lead to new all-time highCOTI is forming a symmetric triangle and on the edge of a breakout. COTI is the same project as PayPal/Alipay but with blockchain power and minimum fee. There is a lot of developments and partnerships going on. The COTI team is working on the adoption of the COTI pay. COTI has very big news coming in second-quarter incldu\ing the mainnet launch, debit cards, and iOS app launch.
Buy Zone: $0.35 - $0.365
Target: $0.395 - $0.443 - $0.496 - $0.557 - $0.612 - $0.673 - $0.736 - $0.798 - $0.88 - $0.974
COTI Looks very promising in the short term.There has been a decent amount of announcements related to COTI in the last few days. On top of that, the current price can be considered as a discount (courtesy of the recent behavior of bitcoin). Based on simple Fibonacci retracement we get the first target of 0.6 (previous peak), and the next one at 0.8-0.9 (with 0.9 probably being the psychological maximum before a slight correction). For me COTI is a relatively safe bet. However, the fluctuations in the price of bitcoin may as well ruin this picture, or at least prolong the process a little bit. Thus, please trade with caution.
TLDR; COTI looks good and will most likely hit 0.8 soon; given that BitCoin doesn't decide to take a dip.
This is not financial advice.
p.s. COTI has a very low market cap of only 263mil, giving it insane amount of room to grow.
COTI/USDT : Pulled back from support zone | 280% Expected gain BINANCE:COTIUSDT
Hello everyone 😃
COTI had a breakout from it's ascending channel on daily chart at 3rd March.
After that it had a rejection of it's higher trendline !
Now, It's pulled back from a stiff support zone and broke the bearish trendline...
It's above bearish trendline and MACD had a bullish crossover.
COTI is extremely bullish; I will add hold a big bag of it with entries !
1st is after a breakout on MA50 and the 2nd one will be after a retest on channel's higher line or MA100.
It's expected to have a retest on higher trendline with possible 200% growth.
📌 MA100 is a good support for movement but MA50 is trying to reject;
However most of signs are extremely bullish, So there might be a retest on MA100 before breakout..
🔴 Have to mention that BTC is not stable yet; So risk management is highly recommended !
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@Helical_Trades