BULLISH COTI PREDICTION - LOCAL BOTTOM? I often see these bell curves play out in altcoins, and kick myself for not buying what looks like the local bottom of the bell. So this time I entered a position and set my Stop Loss below the pattern in case it breaks down. The PA has hit a significant support level, and the Stoch RSI is in oversold territory, which supports my idea that there could be a bounce here.
Granted, I do not have a lot more data to support this idea, and it kinda depends on BTC / BTC Dominance.
We shall see!
Coti
COTIUSDT Engulfing SignalTechnical analysis of indicators reveals COTIUSDT is in the downtrend. According to EMA and SMA (5, 10, 20, 30, 50, 100 and 200) the position is in a decrease phase. We can see there is an upcomming reverse according to Williams Percent Range (14) and Commodity Channel Index (20) indicators.
Our brand new automatic Engulfing intraday strategy detected a reversal of the downtrend. The last candle absorbed drawdown and demonstrated an increasing bullish activity.
The buy level was 0.02981 and we expect a 6% increase from this point which is 0.03159 level. The alert was automaticaly execured by SkyRock Signals trading bot
Are we continuing consolidation?COTI is at the interface of three different scenarios.
We are currently on the edge of a large green zone, where, as we can see, there is a strong fight between bears and bulls.
On the 1D graph, we see a growing trend from the beginning, which has been confirmed several times (red dashed line). If the bulls do not defend the line, we will go to confirm either the orange or one of the lower pink lines.
The declining trend was confirmed several times (green declining band). If COTI crosses this zone and confirms the red line again, a short-term increase will follow, confirming consolidation and the price should not fall in the near future (unless there is a "Black Friday" for cryptocurrencies).
Rather, I see this towards the orange line, where consolidation would continue and the value would be reflected along the orange line until the consolidation phase was completed and a subsequent price increase occurred.
If you like this analysis, I'll be happy for every like.
COTI.BTC (Y20.P4.E1).Stalking.Macro structure TAHi All,
Keeping this short as there are many to reviewed:
Came across this which showed simplicity.
This is another one of those I believe is clearer in terms of the RSI\MACD perspective;
The formation on the chart and RSI makes sense with a double bottom likelihood;
Note the fib. level.
For now, its just planning and if it comes to this script, a good opportunity;
Note: Like Storj prior to this post, those with low liquidity, I place small orders with potential good gains.
Regards,
S.SAri
COTI with USDT
Cipher pattern and divergence in MacdHello friends,
today I want to introduce a new strategy with the help of my teacher Bijan from the Atlas team. As you can see in the picture, the ascending cipher pattern is formed in the 4-hour time frame, and we enter the trade with the confirmation of the MacD indicator. Be profitable
Short COTI/USDT for 10% ProfitGood morning TradingView traders
I got an interesting short signal on COTI/USDT (Binance)
Aiming for:
- An Entry in the purple box - Trading isn't an accurate science by any mean so I can't give the exact entry price
We're facing a Monthly S1 Pivot - then entering at pullback when facing support is what any trader knows from day 1 and must do to reduce the loss in case of invalidation
- Daily S1 Pivot as TP1
- Daily SMA100 as TP2
I don't share the stop loss because:
- I use a custom hard exit system based on a few indicators to exit
- I set a stop-loss order once the trade moves in my favor
I'll update in real-time whenever I'll get an exit (hard-exit, Stop Loss or Take Profits)
Cheers
Daveatt
COTI New coin with massive potential - CotiPay - Defi, EtcCoti is a fairly new coin that has a low market cap for now.
However Defi coins are very popular & if not one of the defining moments for crypto.
Defi has great real use case in the new way of lending & borrowing for interest.
Lend your crypto for staking for great returns Or borrow crypto to buy a car, house, business loan or investments & pay interest.
Does this sound like a new way of how banks operate?
Well yes it is, welcome to the future of crypto & this is just one great use in the future in cryptocurrencies.
This new way of lending or borrowing with apps brings so much more opportunity for people that don't have access to money.
Coti has a very dedicated team of professionals that are working around the clock to bring this crypto to greater demand.
Since May 12 2020 Coti has gained 650% in price & IMO this is just the beginning for this coin.
For more info on Coti:
www.coti.io (not sure why this chart wont allow this web address but put the .oi on it works fine)
twitter.com
COTI testing ATHIf you like my TA or other ideas, please leave a like to show support. It helps me out a lot
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- Ascending channel
- Strong bullish candle
- ATH resistance
- MACD crossover
I'll wait for a close above resistance and a confirmation of the MACD crossover
TP: 847 sats
✳️COTI [COTI/BTC] on July 29 #COTI $COTI #COTIBTCCOTI is completely reversing and the target will be quite deep.
There are 2 areas we can consider buying: 310-320sts and 260-270sts
I think COTI will return to the 400sts zone after touching these 2 zones
However, be careful if COTI loses the 240sts zone as this will signal a stronger dump to the 150sts zone.
COTIUSDT AnalysisIn May, if you listened EngineeringRobo's BUY signals such as BUY 2 & BULL and bought COTI, congratulations because you made 160% profit!
Do not hurry to sell it since it's still above the resistance level ($0.03).
I will keep an eye on it & wait for EngineeringRobo's SELL signals or wait for it to drop back to resistance level ($0.03).
COTIUSDT AnalysisI am mostly positive about COTIUSDT. Engineering Robo 1 has given the BUY 1 signal at 0.029 on July 19th, 2020. In addition the MA 20 (blue line) is above the MA 50 (yellow line), indicating that it is time to buy it.
The trend has been increasing and is now touching just below the horizontal (resistance) line.
If the candle will continue to go up and break the resistance line above it with an open-close candle, I will buy it.
If the candle will go down, and break the support level below with an open-close candle, I will sell it.