COTI breaking outCOTIBTC is coming out of a huge and massive consolidation. It's about to make new highs vs BTC and it is definitely making some very significant higher closes. Actually vs BTC it is looking like something between a slow & steady uptrend, and a huge accumulation.
First target for a correction are its USD and BTC ATHs, but once it chops a bit around those levels and breaks out, it could easily double or triple from here slowly. Both vs USD and BTC it is looking very nice, clean and strong. Nothing in the chart is telling me things are frothy and more upside will eventually come despite what might happen to the rest of the market in case there is crash because of stocks going down.
I truly felt that I had mentioned COTI on Tradingview, but it appears I only did so on twitter or with people I chat with... Really had thought I shared a lot on it especially after the listing on Coinbase and Huobi, which in my opinion are definitely two major catalysts Coti needed to moon. It's fundamentals overall are decent and could keep improving, which is another reason why I like it.
COTIUSDT
COTIUSDT - Cup and Handle PatternCOTIUSDT (1D Chart) Technical analysis
COTI/USDT (1D Chart) Currently trading at $0.436
Buy level : Buy after Breakout
Stop loss: Below $0.279
TP1: $0.703
TP2: $0.977
TP3: $1.33
TP4: $2.01
Max Leverage 2x/Spot Market
Always keep Stop loss
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COTIUSDT BUY ZONE NOW?COTI seems like an increasingly recognized coin, with it only having a current low market-cap of 300M. COTI has presented it self as a Proof of work and relies on a new form of trust-chain algorithm which the smart contracts be based on. Smart contracts have not yet be released, increasing volume and a small market cap makes this a buy in my opinion.
O and this coin literally screams democracy, so who the hell wouldn't wanna buy into that right ;)
COTI optimistically to reach 1$ met with heavy resistance if 0.5$ broken.
Enjoy a hot cup of COTI - 200% profit possibleEnjoy a hot cup of COTI - 200% profit possible
cup and handle formation over a period of time. 200% profit possible.
Follow Risk management. BTC may be volatile.
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COTIUSDT Technical Analysis
⏳ Spot
💎 COTIUSDT has formed a Flag pattern on H12. After 3 rejections from the bottom line of the flag or support, it's expected to go up to the resistance and then break above the resistance
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.3000
☕️ TP1 0.3500
🍺 TP2 0.3700
🍻 TP3 0.4000
🍾 TP4 0.4500
🍷 TP5 0.5000
🍸 TP6 0.5500
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.2330
Good Luck 🎲
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COTI breakoutMultiple things happening here.
-COTI has broken out of and retested the falling wedge.
-In doing so, it has also created a head n shoulders pattern.
-RSI has also broken the down trend.
-Ready break out and test the next few FIB levels.
Expecting COTI to push up in the next few hours. 4 hour and daily timeframes look even better!
Let me know your thoughts!
COTIUSDT🌟this alt has completed the cup formation clearly and its going to form its handle soon after that formation we are going to seen a pump equal to the cups depth (this is the theory of the cup and handle formation) which not always happens exactly what we expect in the market but it can give us a good clue to enter from now for most possible profit out of it
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COTIUSDT Technical Analysis
⏳ Spot
💎 COTIUSDT is right at the supportline and the bottom line of the triangle. There is a rejection at the moment at this level. It can go lower to the Pullback zone before it goes up.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.3000
☕️ TP1 0.3500
🍺 TP2 0.3700
🍻 TP3 0.4000
🍾 TP4 0.4300
🍷 TP5 0.4450
🍸 TP6 0.5000
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.2655
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day