COTIUSDT trade ideas
COTIUSDT Technical Analysis
⏳ Spot
💎 COTIUSDT has formed a Flag pattern on H12. After 3 rejections from the bottom line of the flag or support, it's expected to go up to the resistance and then break above the resistance
🏁 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 0.4500
🍷 TP5 0.5000
🍸 TP6 0.5500
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.2330
Good Luck 🎲
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Coti analysis by vicWe are still in a bearish phase because of the bearish spike btc made so bears might show faces on this and any REJECTION from the bull we will go down and vice versa
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Note➡️➡️➡️ People that says my analysis aren't correct yàa it might not be correct but as we all know No ONE IS Perfect when it comes to the market
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Note always check out your own research before opening any position take note
Coti sounds like Cody. Must be a great project.Sometimes I would watch videos and Coti gets mentioned and praised. I keep thinking they said my name and I start getting embarrassed.
I always add to my bags when that happens. And It has always paid off.
Forreal though, Coti is looking strong and it's a great project, only a matter of time until it breaks through resistance.
I marked in Red and Gold lines where I believe will be relevant if we start moving forward.
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.
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.
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.
COTI ready for another moveCOTI 1day update price has broken out of the long-term downward trendline resistance a few days ago and retested that level turned support All 4hr parameters are reset ready for lift-off with a price break-out of a bullish flat-bottom triangle pattern now and with all the utility and funding COTI has we should be in for a huge future
COTI breakoutMultiple things happening here.
-COTI has broken out of and retested the falling wedge.
-In doing so, it has also created a head n shoulders pattern.
-RSI has also broken the down trend.
-Ready break out and test the next few FIB levels.
Expecting COTI to push up in the next few hours. 4 hour and daily timeframes look even better!
Let me know your thoughts!
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