coti / btc bounce or die ?coti / Btc analysis
target at all time low at 184 sat
There around this area ..can be a small bounce expected
But still not a buy area until you see strength or consolidation there
If the bulls didnt defend this area.. marked sell off will happen so take care if you want buy
Cotibitcoin
COTI READY TO RIDE UPWARD AGAIN.We may see COTI touching its all time high again because there is a lot of news for this coin and this coin is hugely undervalued.
one thing that's matter the most is BTC.D
TARGETS are available is charts above.
hope for best, and also remember me in your prayers.
saqibmirza
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
COTI/BTC (Testing Major Support Area)BINANCE: COTIBTC
-The price is now testing major trendline of support
-This area is a confluence of previous resistance, 0.618 Fib, and 100D MA
-If Bitcoin stops dropping in the next few days
-And COTI manages to hold above this important level
-The chances we can see an upside correction is highly probable
-The price can go up to 700 sat or higher
-A bearish scenario closed below the green line will lead to further downside
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COTI/BTC (Sitting at Key Support Area?)COTI/BTC
-The price has dropped -34% from the High 548 sat
-But it doesn't mean the uptrend is over
-Currently, COTI is approaching key support area
-The range 350-320 is a confluence of ascending trendline and previous support/resistance
-If the 320-350 will hold for the next 7 days or so
-Buyers will start looking for possible Swing Higher Low trade idea
-There is huge upside potential provided no catalyst event will happen in the future
-Reminder: Traders and Investors
-Please use proper risk management
-Do not go all-in
✳️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.
#COTI/BTC Looks Extremely Bullish. C&H + INVERSE H&SWelcome to this quick altcoins setup guys.
COTI/BTC is trading around 255 to 257 while I am writing this update which is a very a very strong support.
Why am I bullish on this chart?
Bullish breakout of the Cup and Hassle formation at the bottom of the chart.
Inverse Head and Shoulders in formation which adds up to the Bullishness of this chart.
The only small resistance is 276 if it breaks we can easily see it reaching 341 sats.
GOLDEN CROSS: When 5OD MA crosses over the 200 D MA in HTF. 8 hour is considerably a HTF chart.
ENTRY:
254 to 256
TARGETS:
307
326
365
392
422
Sl: 227
FUNDAMENTALS:
Very strong fundamentals throughout the next 2 quarters.
An additional node will be added to the MainNet on July 1st, 2020.
They will be launching their COTI PAY Debit card and you do remember what happened to the price of MCO when their Debit card was launched it exploded 100% in a month. Yes!
So BUY this (DYOR) and IMO hold till the end of December. I am adding this coin to my portfolio for the next few months.
Thanks for coming by to this chart, Do. Hit the like button if you find this update useful.
Thanks
Stay safe
#PEACE
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.
COTI/BTC (Retest Trendline Resistance)COTI/BTC
-currently testing to break the descending trendline resistance
-if we see a break/close above it
-it would trigger a potential trend reversal
-you can enter the break/close
-or wait for the retest of trendline > new support
-upside target is up to 422s or higher