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COTI / TetherUS

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COTIUSDT trade ideas

COTI's bullish TA setup + strong fundamentals = take-off soon.COTI has broken the resistance line that's formed since March/April and upon breakage, we have seen a retest which means the resistance has now flipped into support. This is extremely bullish from a technical stand point; it's also important to note the huge cup and handle structure that has formed upon retesting, which further adds to the bullish momentum. COTI may be ready to blast off anytime soon, especially coupled with its strong fundamentals and continuously growing ecosystem at such a small market capitalisation; COTI is expected to announce a new collaboration with Cardano after implementing ADA Pay, a payment gateway for online merchants to use for the acceptance of ADA as a payment method.
by OGFasool
Let's take a look a look at Coti on the daily with Ichimoku Coti has been forming a cup and handle pattern. After the handle got broken price has been going up and got rejected at the very important resistance level. This level is also the 0.382 fib extension level. The target of the cup and handle is at the all-time high at 0.6090 cent. But before price gets there, it need to break two important resistance levels. Maybe it's a good idea to take some profits at 0.786 fib level. If we look at Ichimoku confirmations we see: -price is now above Tenkan Sen, Kijun Sen, Senkou Span A and B. Meaning Coti is bullish in short, midterm and longterm. - Tenkan Sen and Kijun Sen are retracing to eachother, meaning no trend in short term and midterm. -Kumo (ssa and ssb) is flat. Meaning no trend in long term. -Chiko Span is above the candles meaning bullish market sentiment (momentum) We can say that with the closing of this recent (bullish engulfing candle) we are bullish in short, mid and longterm. And we are good to go to our targets.
Long
by Galactus2000
COTI pullback near end?COTI did 30% pullback so far. Is it near the end? Followers who took long trade on my first idea (Aug. 09.) are 87% profit so far (if didn't exit near the top at aprox157% profit) Link below. Now correcting and we could go more down, sure. I would recommend watching this big ascending support trendline. Bounce up from it could be a great long entry. Watch for a breakout of this descending resistance trendline also. If considering to enter LONG, watch for increased volume and break of RSI descending trendline as confirmation.
by PhilosophersStone
COTI - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. COTI is overall bullish and now retesting our blue and orange trendlines so we will be looking for buy setups. on M30: COTI formed a valid trendline in red but it is not ready to go yet. Before we buy , we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Trigger => Waiting for a momentum candle close above the previous high in gray to buy. Meanwhile, until the buy is activated, COTI would be overall bearish can still trade lower till the orange/blue trendlines before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
39
COTIUSDT🌟this alt has completed the cup formation clearly and its going to form its handle soon after that formation we are going to seen a pump equal to the cups depth (this is the theory of the cup and handle formation) which not always happens exactly what we expect in the market but it can give us a good clue to enter from now for most possible profit out of it 👉This idea has the confirmation of "advanced price action" 👍 👉Follow us and invite your friends too, this way we can share ideas and signal to anyone we care 👍 👉Hit share and spread the information in public chats or your twitter for everybody to get profit 👍 👉Tell us what's important for you in the market or what asset makes a difference in your investment basket 👍
Long
by the-crypto-analyzer
COTIUSDT Technical Analysis ⏳ Spot 💎 COTIUSDT is right at the supportline and the bottom line of the triangle. There is a rejection at the moment at this level. It can go lower to the Pullback zone before it goes up. 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 0.3000 ☕️ TP1 0.3500 🍺 TP2 0.3700 🍻 TP3 0.4000 🍾 TP4 0.4300 🍷 TP5 0.4450 🍸 TP6 0.5000 🍹 TP7 _______ 🎁 TP8 _______ 🚫 SL 0.2655 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
6