$COTI : What a bullish move! 😍All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 17.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COTIUSDT trade ideas
COTI neutral until it breaks lineI am seeing a good push from the support zone, including the upcoming break on the trend line.
Do not buy until it breaks the trend line.
TP 1: 0.38
Tp 2: 0.44
I do not expect this coin to go past box drawn above. In the long term sure who knows, but for the next 1-2 month(s), it would be good for a 7-15% pump.
COTI 4hr TRENDSLooking at the market overall, we are in the correction phase but sideways trend, or we can say accumulation phase can be dangerous if an individual isn't aware of it. It is always wise to put smart stop loss in which the trader or investor can get in at a lower price while protecting capital.
COTI is gonna reach 0.1$ or 0.45$?Hi every one
COTI / TETHERUS
COTI is in a Descending Channel. The Price shall fall But There is a Strong Support For It which Is drawn on The chart. If It Can't Manage to Make a Pullback From The Support zone, It Shall Fall To 0.1 $. But If a Pullback Happens From The Mentioned Support Zone, We can Expect a Break out From This Channel & Reaching around 0.45$.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
COTIUSDT is testing the daily resistance COTIUSDT is testing the daily resistance after the price retested the weekly support.
IF the price is going to have a breakout from the static and dynamic resistance, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
COTI$COTI
Diagonal support holding strongly on the daily. We just broke from the descending diagonal resistance. The Stochastic has also crossed bullish after going oversold.
Market conditions are getting better since this afternoon, if it continues, COTI could be a good play for the next days/weeks!
Wait for a pullback and bullish reversal confirmation to enter:
Entry: $0.3 - $0.325
TP: $0.3626, $0.4122, $0.4828 and $0.6523
SL: $0.29
Note : This is a longer term swing trade.
COTI price prediction FUNDAMENTALS:
There will be an increase in the supply of 20%, which means 179 million coins will be issued this year(2022) on February 4 (medium.com). Also, treasury is coming up at the end of January, native staking for COTI holders thru viper wallet. Binance staking is already sold out last December 21, 2021. DJED stable coin news anytime with new merchants updates.
TECHNICALS:
There is strong support at 29c, and we can see a short-term reversal from here, but supply can change all the technicals, but last time the supply was increased, it did not affect the price of COTI; instead, it went upward.
Personal Opinion:
If you are a long-term holder, buy every dip coming and hold your coins. This year COTI will rise above $1+ and for me. It's the best DEFI project out there because the goal is to make the world connected with crypto, and COTI will create stable coins for big companies in future. COTI is associated with ADA(recently, ADA partnership with Samsung was announced), so for me, it's strong buy me, plus it does 100,000 transactions per second.
COTI 4hr Trendlines All crypto is plunging downwards today with the stock market because of the FDA meeting.
FUNDAMENTALS:
COTI significant announcements are on the way with DJed and treasury plus big merchants who will adopt crypto, and COTI itself will issue tokens like djed to its partner's merchant.
TECHNICALS:
Charts are still on an uptrend (green lines), and if we go below .34c, we might see a downtrend (red lines) again, but in my opinion, we will stay on the uptrend because today is the day to grab more.
COTIUSDT Daily TA : 01.05.22 : $COTI🟡 Results so far (HH) : +12% 🔥
Well, according to the previous analysis, as you can see, the price hit the our first target so far and it has brought us more than 12% Profit . Amazing , Isn't it ??
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05 .Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️