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Coti

COTI in a TIGHT ZONE between MONTHLY & WEEKLY levels.Weekly Resistance has been broken, And COTI tested the Monthly Level retracing back to test the weekly level. 90 percent of the time when a level is broken whether support or resistance it is tested on its pull back and most of the times it is rejected. Here, a new support has been made for COTI, but at the same time we have tested the monthly level as well. But as i said before, the weekly resistance which was broken has become a support now and has been rejected is going to test monthly level again. We may see some consolidation as the zone between two Levels is quite narrow. But, the candles are respecting the trend lines, so COTI is going for a monthly level test again, if it breaks the monthly, we may be in a bullish move. You guys can long from 320 to 370 zone, but with a tight stoploss as COTI is in consolidation. Wait for either of the levels to break. Thanks and trade safe.
by SmartMaxi
COTIBTC Market Structure|Structural Resistance|21 MA| VolumeEvening Traders, Today’s Analysis – COTIBTC – impulse move into structural resistance – multiple daily candle closes will reclaim the level. Points to consider, - Structural higher lows - 21 MA Support - Structural resistance (S/R flip) - Oscillators neutral - Volume influx (follow through) - Daily resistance target COTIBTC’s structure is putting in consecutive higher lows, now testing key structural resistance. Confirming multiple daily closes will reclaim the level and establish an S/R flip. The 21 MA is a visual guide, breaking below will increase the probability of negating market structure. The oscillators are both neutral trading above 50, this in an indication of immediate strength in the market. A volume influx node is evident at key structure, follow through is needed, failure will lead to a probable false break. The daily resistance is the immediate target for this long trade, risk is defined below structural resistance. Overall, in my opinion, COTIBTC needs to close multiple daily candles above structural resistance to solidify an S/R flip. The immediate target is daily resistance; breaking below structure will negate this trade. What are your thoughts? Thank you for following my work! And remember, “Letting losses run is the most serious mistake made by most investors.” – William O’Neil
Long
by AzizKhanZamani
4
COTI / BTC Strong Buy SignalBINANCE:COTIBTC is a promising project supported by crypto twitter. DeFi products Click payments Debit card iOS+ Android Blockchain Dollars/FIAT and stable coins MultiDAG /issuance of tokens on top of a DAG swap COTI MainNet to COTI ERC20 to COTI BEP2, from wallet etc... Let's how this project will work out, will be watching it, a nice entry point will be around horizontal line Risk: 6 Reward: 8 Comment down below why do you think that Coti will continue to grow or its a short-term investment for you!
Long
by Crypto_Burns
COTI/USDTWatch COTI/USDT for potential Daily breakout. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts