COTIUSDT
COTIUSDT - POSSIBLE SETUPCOTIUSDT:
Price has stayed above a critical support area and trying to retain positivity. As we can see on the chart at larger TF price broke the trend and retested nicely with the confluence of support. So bulls will definitely play their cards and will try to regain the moment. So buy on Dips is recommended.
COTI - On important zone for breakoutHello trading friends,
Coti are into new interesting zone for possible breakout.
This depending on historical price action, and the live data trends.
A possible target could be : between 0,45 and 0,60+
Markets going on them way, it can take time before markets shows an effect.
know that there is no guaranty into markets, as markets can change unexpected.
There should be always an SL to manage the risk.
Have good time
# this is not a trading call, trade only depending your setups.
COTI :more gain if it go above red areaCOTI if the price breaks the trend line as i mentioned on the chart we are expected to the more gain.
I think it has potential to Big bounce for now and i think i will see more gain for the price in the coming days.
if BTC would trade between $46k-$49k this gives to Coti and other alts a chance to shine, so be wary for some signs of alts running , which might indicate further strength into the coming days if the btc stay above support zone as we are mentioned above.
Happy trading 🌷🌷🌷
COTI SHORT ELLIOT WAVE COMPLETIONMarket just finished 1-5 Elliot wave, we forecast 5 point is at 0..3320 zone because market formed a high volume institutional candle which should indicate price reverse.
Entry: 0.3320
Invalidation: 0.3420
Target 1: 0.3000 (this is a safe target, last demand zone, but we might break out of a trend and see an ABC correction down)
Target 2 0.2600 (50% fib zone of the whole uptrend)
COTI vs Tether Same as COTI vs Bitcoin (Multiple Targets Mapped)The USDT (Tether) for COTI is the exact same as the BTC (Bitcoin) pair...
We have COTIUSDT moving above EMA100 today on high volume... Bullish.
Very strong RSI at almost 73.
The MACD is also really strong.
All we need is patience and we can see this pair print additional growth.
Namaste.
COTIUSDT- Channel BreakoutCOTIUSDT (1D Chart) Technical analysis
COTIUSDT (1D Chart) Currently trading at $0.296
Buy level: Above $0.281
Stop loss: Below $0.20
Target 1: $0.33
Target 2: $0.42
Target 3: $0.53
Target 4: $0.68
Max Leverage 2x / Spot Market
Always keep Stop loss
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