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COTI / TetherUS PERPETUAL CONTRACT

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COTIUSDT.P trade ideas

COTI -Currency Of The Internet. Currency Of The Internet. COTi has fixed an unbelievable 92% since its ATH, it is the first enterprise-grade fintech platform on its official website, empowering organizations to build their own payment solutions and digitize any type of currency to save time and money. The bottom is expected to be at 0.0438 and its weekly resistance at 0.12489. At this moment COTI is at the bottom line of the Keltner Channel and by all indications, triangular formation, oversold RSI, we will have a reaction in a short time from COTI, of course if the geopolitical conditions allow it. COTI, with its DAG-based distributed ledger blockchain technology, allows you to confirm transactions using its Trustchain Algorithm. The cluster can validate and settle hundreds and thousands of transactions per second (TPS). Among other functionalities COTI was designed and engineered to make daily transactions between merchants and consumers. The first major part of the COTI ecosystem is COTI Pay. It can process any and all types of payments offline or online, be it cryptocurrency or stablecoins, credit cards or even the merchant's native currency. It has built-in financing with interest earned on deposits and commercial loans.
by ferulianov
1
COTI / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's look at the 4H COTI to USDT chart as you can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $0.0686 T2 = $0.06943 T3 = $0.07013 T4 = $0.07077 and T5 = $0.07176 Now let's move on to the stop loss in case the market goes down further: SL1 = $0.0675 SL2 = $0.06638 and SL3 = $0.06494 Looking at the CHOP indicator, we see that the energy is gathering more and more strength on the 4H interval, while the MACD indicator indicates a local downtrend. It is also worth adding that we have a rebound on the RSI.
by cryptodailyuk
COTI going to $0.30 or $0.70??COTI coming to a decision point pretty soon. If my pattern of Descending triangle is correct it will be going to either $0.30 or $0.70. The Descending Triangle is normally a bearish pattern, however I believe it has been consolidating and will break out upwards to new ATH. It is holding that bottom support very well and for quite a while now. Currently at a great buy opportunity for a tight stop loss in case it does break downwards. If that happens I expect a pull back to about $0.30 area where it sat for a good amount of time before breaking up.
by mickey9278