Brief idea on the price prediction of COTI's next leg up This is not promoting opening a long or short position in COTI. I do not advise trading any assets. You should research more technicals and fundamentals to dictate an investment or take this point of view as entertainment or an educational idea.
I speculate COTI will repeat the parabolic gains experienced in early 2021 where the 1 is positioned. The following speculates a repeat of the price as the graph is a direct 1:1 scale pasted to where the price is currently in its position in time. COTI has had a long accumulation and taking into consideration of the current market these gains are not impossible. The pasted price movement also follows the key FIB levels.
This movement correlates to the narrative of crypto in December hitting its highs. I personally believe crypto will find its to during December as the quarter comes into a change the market will experience a sell-off followed by more parabolic gains when high fear is widespread but this is off the topic COTI.
COTIUSDT trade ideas
COTIUSDTPREP 4H BUY SETUPFinally COTI is formed CUP and HANDLE pattern and it breaks out finally. And it also maintain the big yellow trendline. Easily 30% profit from here,
BUY SETUP:
BUY: 0.54-0.55
SEL:
Target 1: 0.56
Target 2: 0.58
Target 3: 0.62
Target 4: 0.65+
STOP LOSS: 0.527
Enjoy and like and comment it.
$COTI TO $1 SOON!!!!!!!!With a good understanding of its use case and a market cap under $600M. Coti's potentials have been undermined. It has formed the Cup and handle bullish continuation pattern with over 46% in view. it's riding to break and retest resistance while on the bulls to $1+.
My view what's yours?.... NFA and DYOR📍
COTI - NEW ATH? 1,2$ SOON!A lot of coins have established new ATHs at this point. And COTI is prepared for that, too.
After 3 times being rejected at the strong resistance line.
This time COTI formed a head and shoulders pattern in preparation for the breakout.
Target:
TP1: 0.77
TP2: 0.87
TP3: 1.2
TP4: Update later :)
COTI 100% Profit opportunity.COTI (COTI)
Current Price: 0.55usd
Buy Zone: 0.52-0.60usd
Sell Zone: 1.00-1.30usd
What Is COTI (COTI)?
COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money.
COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.
COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020.
It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast.
The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway.
🌠COTI Mainnet 2.0 - C&H / Inverted H&S"We’re excited to announce that COTI’s Mainnet 2.0 will go live on November 2nd, 2021 at 2 pm UTC."
This is probably one of the best-looking charts right now. There are two very clear price patterns visible on the daily chart, the price is currently in its all-time-highs levels and now we've just heard the positive news. All signs are telling us that COTI is set to enter a new price discovery phase very soon.
Entry: buy at bottom trendline of this handle (flag) -- or buy once the price breaks out of it-- or -- buy later on a local pullback
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About COTI:
COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.
COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020.
It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast.
Source: coinmarketcap
Wave 5 of elliot Coti is moving as expected, a reverse h/s which also had a very nice retest on the neckline
also, we see an Elliot wave which shows we are on wave 5! so take care, suggest you to play with the stop around the target or sell it at the target and wait for a breakout
because if as per my prediction wave 5 finishes at the mentioned target then we will have bearish ABC after.
COTI, not looking bullis atmOn the D1 COTI broke out of the handle and looking for continuation. RSI indicates bearish divergence, Stochastic overbought .Note the yellow A/D line diverging, indicating large outflow of money. 0.60c is support, but i'm not optimistic this will hold if COTI drops more. Not to bullish (for now)