COTIUSD trade ideas
Coti ($COTI) New FIBCoti ($COTI) new FIB. As high as 140.44% gains in 4 days! Why? IMHO, I think it's because $ADA Charles is going to Africa in Oct 2021 to further his $ADA influence. I suspect that Charles will be bringing $COTI with him as a NEW AND BETTER way as a remittance vehicle for Africa than Western Union ($WU)
COTIUSD Showing Bullish EnergyI am posting this based on a request from a follower. Though COTI had a perfect cup and handle formed, the market leverage explosion killed it (for now). Bullish energy continues, and while it does, I expect the asset to hit the above targets after some consolidation. I have also noted a stop loss on the chart as well. The chart has all of the information you need regarding this. The highest target was calculated by the cup and handle. This will take time top unfold, be patient.
maybe retracement first, but if supply hold
Demand still did show some presence, and from there I would be on my guard for a break upside 0.307, that would make me aim at 0.32 looking for it weakening there and a sell entry.
And a break under 0.294 would make look for sell positions also
and overall I am aiming around .27-.25 as selling take profit
Monthly
Weekly
Daily
Two possible support levels for COTIIn my opinion there are two different options for the support of COTI. First at 0.618 Fibb ($ 0.29), second at 0.786 ($ 0.21).
For me, COTI is a long-term investment, where patience is very important.
This is not financial advice, but a short thought about COTI at the moment.
What are your thoughts/targets on COTI?
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