COTI breaking outCOTIBTC is coming out of a huge and massive consolidation. It's about to make new highs vs BTC and it is definitely making some very significant higher closes. Actually vs BTC it is looking like something between a slow & steady uptrend, and a huge accumulation.
First target for a correction are its USD and BTC ATHs, but once it chops a bit around those levels and breaks out, it could easily double or triple from here slowly. Both vs USD and BTC it is looking very nice, clean and strong. Nothing in the chart is telling me things are frothy and more upside will eventually come despite what might happen to the rest of the market in case there is crash because of stocks going down.
I truly felt that I had mentioned COTI on Tradingview, but it appears I only did so on twitter or with people I chat with... Really had thought I shared a lot on it especially after the listing on Coinbase and Huobi, which in my opinion are definitely two major catalysts Coti needed to moon. It's fundamentals overall are decent and could keep improving, which is another reason why I like it.
COTIUSDT trade ideas
COTIUSDT - Cup and Handle PatternCOTIUSDT (1D Chart) Technical analysis
COTI/USDT (1D Chart) Currently trading at $0.436
Buy level : Buy after Breakout
Stop loss: Below $0.279
TP1: $0.703
TP2: $0.977
TP3: $1.33
TP4: $2.01
Max Leverage 2x/Spot Market
Always keep Stop loss
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COTIUSDT BUY ZONE NOW?COTI seems like an increasingly recognized coin, with it only having a current low market-cap of 300M. COTI has presented it self as a Proof of work and relies on a new form of trust-chain algorithm which the smart contracts be based on. Smart contracts have not yet be released, increasing volume and a small market cap makes this a buy in my opinion.
O and this coin literally screams democracy, so who the hell wouldn't wanna buy into that right ;)
COTI optimistically to reach 1$ met with heavy resistance if 0.5$ broken.
Enjoy a hot cup of COTI - 200% profit possibleEnjoy a hot cup of COTI - 200% profit possible
cup and handle formation over a period of time. 200% profit possible.
Follow Risk management. BTC may be volatile.
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