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COTIUSDT.PS trade ideas

COTIUSDT Profit-Taking of 120% with a Strong Buying Case💎#COTIUSDT has recently displayed promising price dynamics, indicating the formation of a potential bottom at the psychological support level of $0.0400. Subsequently, the price surged above the long-term demand level at $0.0500, transforming it into a significant support-turned-resistance zone. This price area has garnered substantial interest from buyers, making it a focal point of market attention. 💎 As long as the price remains above $0.0500, #COTI presents an exceptionally attractive buying opportunity with considerable growth potential and a favorable risk-to-reward ratio. The profit potential exceeds the associated risk, with the possibility of achieving a 120% increase above the current demand zone. It is important to note that a complete bullish invalidation would only occur if the price breaches the psychological support at $0.0400. 💎 However, when considering profit-taking strategies, it is crucial to be aware of two significant resistance areas. The first notable resistance lies at $0.09, which coincides with the 50% Fibonacci retracement level and the downtrend trendline. The second resistance zone is characterized by a double Fibonacci resistance, aligning with the long-term supply area. 💎 The MCP team is closely monitoring #COTI, prepared to take action at the opportune moment. To stay up-to-date with our actual trades and benefit from exclusive insights, we invite you to subscribe to our VIP channel. Stay informed and seize the potential, Paradisers!
Long
by MyCryptoParadise
✴️ COTI Major Bullish Setup (120%+ Easy Potential)COTI is coming out of new All-Time Low hit last month on June 10. After this ATL we have higher lows and suddenly yesterday the biggest volume bar since January 2023, also one of the biggest daily buy volume in the history of this pair, this is a strong signal. After seeing this new ATL we can say that all the sellers are satisfied, with the bearish over/complete, a new trend can now develop and that is up. We are looking at weeks or even months of sustained growth. Months, we are yet to see, but it is easy to see COTIUSDT grow for weeks. Easy 100%+ potential and beyond . "Beyond"... There will be more. Namaste.
Long
by AlanSantana
2
COTI Trade Setup: Capitalize on 40% Profit Potential with StrongCOTI Trade Setup: 40% Profit Potential on Coin with Strong Support The COTI trade setup presents an opportunity to potentially capitalize on a 40% profit gain. COTI coin, known for its innovative blockchain technology and decentralized payment solutions, currently finds itself in a favorable position with strong support. COTI's price chart indicates a significant level of support, suggesting that buyers are stepping in to prevent further price declines. This support acts as a cushion, providing a solid foundation for potential price appreciation. Furthermore, COTI's recent performance and market sentiment are encouraging. The coin's underlying technology has garnered attention and recognition within the cryptocurrency community, making it an attractive investment choice. Considering these factors, there is a strong possibility of witnessing a price surge in the near term. Traders and investors who seize this opportunity could potentially reap significant rewards, with a projected profit of 40% based on current market conditions. However, it is important to exercise caution and conduct thorough analysis before making any trading decisions. Market conditions can change rapidly, and the value of any investment is subject to market volatility. Remember to stay informed about COTI's developments, monitor market trends, and consider setting appropriate stop-loss orders to manage potential risks. Always ensure that your trading strategy aligns with your individual risk tolerance and investment goals. Disclaimer: This description is for informational purposes only and should not be construed as financial advice. Trading cryptocurrencies involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any investment decisions.
by CoinWiseTrader
COTI must hold $0.0694COTI is getting very close to the absolute bottom and it must bounce off $0.0694 (orange line). If it does not then the next level is $0.0621 (red line) We can see that COTI has been in a down trend for almost a month now, the MACRO has not been good for the market but COTI has been hit especially hard. It has to bounce back. So, in summary, if we break below $0.0694 then there is definitely more pain in the future. If we manage to bounce off that level we should be able to reclaim $0.0800 Of course if we recover, the speed of the recovery will depend on the rest of the market, but if we break levels then we will dump fast.
by crypthal
Long CotiCOTI is currently holding a crucial support level, indicating a potential bullish trend with the money flow still in the green. Additionally, the VWAP is showing a positive reversal, which suggests a strong move towards the upside. My target for this trade is the 1.618 fibonacci level, which I believe COTI has the potential to reach. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Long
by WaltrAlexander
10
COTI 4H TF Bull Flag BINANCE:COTIUSDT.P Hello Traders, As we see Coti has broken out from 4h tf bull Flag and is rest on retest area, at the time of charting COTI was trading at 0.08155, ranking is #275, with a live market cap of HKEX:96 ,882,020 USD. A break over the Blue pivot and the Red live resistance area could send the price to the Pole calculation as shown in the chart above. there' s probability COTI could come down to 0.07258 Lets see how Time and Price Actions unfolds patters, Trade well my friends, Always DYOR ✔️ Stay SAFU, and Let that Sink in. Coti is a blockchain-based payment network that aims to provide fast, secure, and low-cost transactions. It uses a Directed Acyclic Graph (DAG) technology called "Trustchain" that allows for fast transaction processing without the need for miners.
Long
by Jova-A
2
COTIUSDT 4HBased on the 4H chart, COTI went for a test of its bullish channel and failed, went to the resistance area at 0.0925 and rejected it as well and returned to the support zone of the channel. Now heading towards resistance zone, breakout could reach 0.1107 Here are the supports and resistances: Support 0.0770 / 0.0739 Resistances: 0.0839 / 0.0857 RSI: Seller MACD: Positive EMAS : Pointing downwards COTI is a high-octane token, uses DAG (Directed Acyclic Graph) technology to process transactions on its network, which allows for faster confirmation times and greater scalability than most other blockchain-based cryptocurrencies. It also has a payment platform called "Paywize" that allows businesses and merchants to accept payments in COTI as well as other cryptocurrencies and fiat currencies.
Long
by ferulianov