COTIBTC trade ideas
COTI PEFECT ENTRYgreat time to long coti. with upcoming staking 2.0 and etc. this will be a interesting trade
COTI/BTC Good risk reward entry, upside expectedCoti had a steep retrace from the last weeks high op 317.
The 230ish area acts as support and i expect to see a move back to 250 soon.
COTIBTC Bullish Divergence| Local Resistance| Low VolumeEvening Trader’s
Today’s Technical Analysis – COTIBTC – trading at local support, a break of the 21 MA will further confirm a rally in to local resistance.
Points to consider,
- Local support holding
- Valid bullish divergence
- 21 MA current resistance
- RSI below 50
- Stochastics projected up
- Volume below average
COTIBTC is trading at local support forming a valid bullish divergence where an impulse move into local resistance is probable.
The 21 MA needs to break, current resistance, this will confirm further upside in the immediate term.
RSI is clearly diverging from price; break of its 50 level will change the immediate bias to bullish.
The Stochastics currently has stored momentum to the upside, currently no valid sell cross.
Volume is below average, an impulse is probable as this is a trade location.
Overall, in my opinion, COTIBTC needs further confirmation by breaking the 21 MA before a probable impulse move into local resistance as volume is below average.
What are your thoughts?
Please leave a like and comment,
And remember,
“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.” – Victor Spreandeo
COTI/BTCI'm not in this trade but keep an eye on it. The price is trying to break 309 sats which is the daily resistance. If the daily closes above 309, its worth taking a bag here.
Also, this coin is going to have Staking 2.0 early May.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
#COTI - Promising Chart There is a triangle with double ascending support. Breakout of resistance will lead to a strong pump, volumes are very good. The safest entry is to enter on a breakout.
COTI possible breakout bullish overall but there is some slight hidden bearish divergence, i dunno i still think its gonna get poppin soon though
Double Bottom Possibility there is a possibility of forming a double bottom on the chart of BINANCE:COTIBTC , the neckline is around 268-270 which has overlap with 0.38 fibo level and a static resistance.
if the neckline breaks by a strong candle, we can open a buy order.
The target of this double bottom pattern is around 300.
COTI - Staking 2.0 will go live next weekCOTI Staking will go live next week on Kucoin and many other exchanges.
medium.com
COTI admins spoke about listing on other exchanges, lets see.
COTI will do well, have patience. Right now, it is rangebound, 250-260 range.
Publishing chart so that you guys can make decision over it before it explodes. No point in posting when it has already started.
COTI / BTC 4 HOUR, RIHNOS HAVING FUN!COTI,
Double bottom perfectly played out, next big thing is the red resistance line, If we break that resistance, would be good for a big leg op, also the daily stoch good bullish cross, would surprise me if we continue! Coti rhinos having fun! :)
Be careful also mates, keep an eye on this one!
COTI / BTC 4 HOUR LOOKS EXPLOSIVE TO ME!Will COTI safe the day?
On the 4 hour kinda double bottom formation, /cup n handle formation, bullish volume is coming in, red horizontal line is the resistance, let's see what it brings today!
have a great day!
COTI / BTC 4 HOUR UPDATECOTI, bounced perfect of the upper resistance of the regression channel lets see of if it has more juice!
COTI / BTC 4 HOUR MEDIUM FRAME EDITCOTI,
You show some potential reversal signs, Looks like price is trading in regression channels, bull pennant breakout out south but tested the regression channel on price as well on RSI that Is structural signal to me, also stoch tries cross bullish but not confirmed yet and volume is relative good. Oh an other thing, do you have seen the structural volume injections? By every price pump there is a kind of volume spike. It looks like waves of volume, may the next wave is on the corner?
Keep an eye on this one mates, looks interesting!
COTI / BTC 4 HOUR FAST EDITCoti tries to shift momentum to the upside, Coti has broken the Stoch Red trend line but still lin the down ward regression channel on price ass well on s RSI, Bullish divergence, around the golden pocket 0.618 fib but we need an volume injection for big momentum!
Keep an eye on this! :)
COTI - Reversal?COTI has found support on fib .618 level and there is high chances that BTC will reverse from here.
If you enter, have tight stop loss, in case BTC drops further
COTI - Lets BounceWith all updates provided by the team for 2020, it seems it will be a really huge project to invest for shorter and longer term.
Price is supported by 200EMA and WRX, OGN, HBAR, COTI kind of move in tandem.
COTIBTC 4 HRCoti looks ready to break out to the upside and could be targeting 340 as next major resistance. I could see Coti running even higher so long as Bitcoin doesn't break to the downside.
Right now I am looking for the pennant to hold support. If we break down from the pennant I think we have to see how the green line below acts as support. May try and enter a position at a retest of green line support or play a break out to the upside for a small scalp play.
Coti COTIBTC Bullish ChannelCoti COTIBTC price has formed a channel, and now is located at the bottom of this channel. So we can buy it with a low risk and hold it as far as it is being traded above the bottom line of channel. Targets are R1 and R2.
COTI Starting A New Uptrend? (88.98% Mapped)About COTI
COTI is an enterprise-grade FinTech platform that enables cross-chain interoperability and is built on its own DAG-based chain. It supports scalability and low transaction costs and is supplemented with payment-specific requirements in the form of COTI Pay, a digital payment solution. COTI Pay empowers enterprises and merchants to receive multiple payment methods and build their own payment networks and Coin as a Service (CaaS).
Source: Coinmarketcap.com
COTIBTC (COTI) hit a low back in early February, a strong bullish wave followed which produced up to 279% in gains, after a strong retrace we ended up with a higher low on the 24-March compared to Feb... This is a bullish signal, now prices are starting to move up...
If the buyers continue to show, we can expect COTIBTC to form a new uptrend.
This is not financial advice.
Namaste.
